Last Support, Last Chance
Watch for this Channel/ Fib support if it doesn't hold. The a long term down trend might be in place. This means the correction is not a flat and the 5th wave has already ended at B label in this chart. If that so, this assumed C might be just as start of A of a ZigZag correction resulting in a longer term correction for months before it is able to run the new bullish trend
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