as any wave principle trader can see there is 12345 impulse which seems that it is a leading diagonal with that being said we can conclude that this either a wave A or wave 1 of a bigger degree, there also a complex correction that anyone could tell that it is flat x zigzag, that correction ended in a convergence zone, and convergence zones are zones that groups multiple key levels in this case it is demand zone + monthly support pivot level
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.