The chart show us that correction ABC wave 2 is over and then continues to make impulsive wave 3 which is the longest wave. But if the chart going down to bellow 1.2047 that mean the wave 2 still continues. use 1.2045 level as stop loss.
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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.