This script appears to have just completed a triangle retraction after a 5 waves move in 5th wave. This means, a next 5 waves move up might be in play on daily time-frame. But the 2nd wave did not go deep as usual, so one also needs to be cautious of the possibility of a complex retracement forming.
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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.