Next week, next month new long chance.
Note
Weekly: since January 6th we saw the black a, which ran for 5 weeks, then 2 weeks for the b, and now follows the black c, which can also last 5 weeks.If this assumption is confirmed, then we could expect prices to fall for another two weeks, only those should be roughly the same size as the last two weeks in the upper box (wave a), the last 2 weeks are marked with a red path.
First support is offered at 38.36.
Note
Here is the potential bigger picture.
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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.