After a huge bullish move that the price made in the recent weeks, we have seen a major correction in the bearish side. Now that the corrective move is in our minds formed halfway, we can expect it to take the formation of a zig-zag corrective pattern. The last leg of the C wave should finish at the end of the A wave, where we can also see a confluence of the support area.
We wish you good luck with your trading!
We wish you good luck with your trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.