Based on a Divergence and Wave-analysis, this is the end of the first wave (the blue one). You trade with the target of getting the whole correction. Or you can wait for the end of the correction and get the sharp wave 3.
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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.