Based on the Elliott Wave theory, the chart indicates a potential long position. The entry point is set at 84,400, with a stop loss at 81,950 to manage risk. The target price is projected at 90,000, suggesting a significant upside potential. This setup aligns with the wave patterns, indicating a bullish trend continuation.
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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.