On arithmetic scale it looks like a wave 5 extended . But on log scale it is a wave 3 . We have to be pragmatic in order to make money . So if we see a clear-cut wave which is there in this case we need to buy with a sl of wave 4. If wave 4 breaks next SL would be bottom of wave 2 . See the dark green candle there. Correction is over .
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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.