Wave 2 also completed with a deep retracement to about 78% from an all-time high.
If wave 2 completion is assumed, following Elliot wave principles, wave 3 is usually fast-paced and crosses above the last all-time high in less time than the time taken for the last all-time high.
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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.