The rise that occurred from the last bottom is a triple rise, not an impulse or a five-fold, which indicates that the decline still has a rest, and the C wave is a decline in the form of five strong waves
Note: the analysis fails if the price breaks through and closes above the 4515
Note: the analysis fails if the price breaks through and closes above the 4515
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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.