The price must break the lower zone to close long positions. Afterward, it is likely to rise or find the next resistance level.
According to Elliott, the price is in a correction phase to advance with the next impulse.
According to Elliott, the price is in a correction phase to advance with the next impulse.
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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.