We await the completion of the impulse wave (c) of the corrective movement. Supertrend works as trailing stop. Fibonacci helps us to find the target price level. In a zig-zag corrective motion, wave (c) generally extends as wave (a).
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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.