seems price is finishing a 5 wave impulse at or near the support line as it is also price target zone for wave 5, and if we look at wave 5 sub-divisions or wave 5:5 sub-divisions we can count it's waves and see divergence in MACD as well
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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.