The price has been bouncing off an ascending bullish support line in the past few days. As we do believe that this latest move was a bullish corrective wave in a five-wave bearish structure, we are expecting another wave five to form in the bearish direction as the correction ends.
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.
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.