We had a strong 5 waves drop, which is marked here as "A or 1", then the corrective three waves move.
What should come next is another leg down. After breaking the rising trend line (red colour) the drop should accelerate.
What should come next is another leg down. After breaking the rising trend line (red colour) the drop should accelerate.
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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.