what we are seeing is the B wave of major ABC corrections. Now we should have wave C in the form of a decline. Long positions should be avoided, 61.8 % retracement is enough for wave B. Wave B are suckers. they make you believe that everything is fine. so be careful. and All the best. happy trading.
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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.