If the price does not come out of the yellow channel, this scenario is much more likely to happen.
Note
The third wave is complete, wait for the price to rise Wait for the price to rise in the wave
Trade closed: target reached
The fifth wave was not completed due to the strong resistance in its path, and I announced this in another idea. This idea is gone. I hope you have used it.
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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.