Overall, this is part of C wave(wave 1 to wave 2 --> A:3 to B:3), AO indicated bearish divergence Total C wave must be impulse (5 waves) --> it's time to back in channel for continuing 3 wave of B
End of correction target to 61.8% of Fibonacci retracement from big wave1
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.