Perhaps the second correctional wave is completed by describing a double bottom, in which case we have the current first wedge-shaped that gives us reason to try to open long positions, it is advisable to do it on local pullbacks in the counting to catch the third wave
Note
on the timeframe below, the wave marking looks like this:Note
on the higher timeframe the wave counting looks like this:
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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.