The price has formed a classic five-wave structure, at the moment the fifth wave of a downtrend is being formed, the target is at 49, if the daily candle is falling, this will give a good signal to open a short position.
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Related publications
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.