We can almost say that 4800 has been touched and given that the downward movement was very fast, this wave is most likely the A-wave of a triangle and the upward waves that are forming after the 90-day suspension of the stalls are considered as a corrective wave.
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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.