Rising flags resolve themselves to the downside once the structure has been validate with 3 confirmed waves. Wave 3 requires an established reversal hook to be considered valid. Market closed prior to revealing its intentions point C. Break of trend does not look promising. If confirmed a 6% decline is likely in the weeks to come.
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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.