We've completed a bearish wave structure for which a correction of some sort should follow. The arabic numerals represent the larger degree count so I would expect a substantial retracement to at least 618 which is the ideal wave 2 termination, or higher for wolfe completion.
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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.