We assume that wave B will be a Double Zig-Zag, because of its three wave structure in wave (w) and now wave (y). The price may reach the Fibonacci level of 0.5. After wave B is completed, we are expecting more weakness ahead in wave C.
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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.