We nailed the bottoming zone in the wave ( a ) of ( v ) and correctly predicted a strong pullback up in the wave ( b ) up.
As long as the top of the wave ( iv ) is not violated I expect another drop to new lows in the area 6,000 - 5,5400.
We will be able to narrow it down once the downside structure will present itself.
As long as the top of the wave ( iv ) is not violated I expect another drop to new lows in the area 6,000 - 5,5400.
We will be able to narrow it down once the downside structure will present itself.
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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.