possibility of correction
If the price can change the trend at the 78.6% level, the start of the uptrend is likely.
Otherwise, the continuation of the downtrend is likely.
Otherwise, the continuation of the downtrend is likely.
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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.