The retrace up in wave (x) of the correcting down in wave ii(circled) should be over, and the following decline of its same degree wave (y) may have started its way down. So, the short-term bearish case remains intact.
The Retracement Targets >> 7.93 >> 7.84
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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.