In this graph we can see how the elliott waves are formed, in fact after point 5 we can observe a downward correction in which a short-term sell position can be opened. We can set the stop loss around 120.000 and take profit around 119.000.
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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.