I've just updated my Elliott wave count, so I am now hoping for that decent retracement for a potential reentry. It is also noticed that usually wave 3 and wave 5 exhibits a bearish divergence in the RSI and MACD, hence indicating a pending retracement.
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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.