THE 4th wave corrections have come within the price territory of the 1st wave therefore wave five will not come as the basic rule of the wave theory is breached. The formation is likely to be a triangle and we are in for the next move up after the triangle is complete.
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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.