There's the possibility that we have not completed the first wave of a five wave structure, and we can buy at the bottom of wave 2 for a wave 3 target. It is a long shot, but one which if works out offers great risk to reward
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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.