Hello.
Between the first daily downtrend and the second downtrend, the weekly correction occurred twice, and the overall pattern is the monthly correction of the running flat,
After the correction is completed, the downward wave is coming down by drawing a new monthly correction trend line.
Currently, the sub-time period, a daily downtrend, follows, and when the last daily correction trend line is broken, a weekly correction will occur,
A down wave is expected to continue in the direction of the trend again.
Between the first daily downtrend and the second downtrend, the weekly correction occurred twice, and the overall pattern is the monthly correction of the running flat,
After the correction is completed, the downward wave is coming down by drawing a new monthly correction trend line.
Currently, the sub-time period, a daily downtrend, follows, and when the last daily correction trend line is broken, a weekly correction will occur,
A down wave is expected to continue in the direction of the trend again.
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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.
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.