Looks like we're having a 3 waves correction here, currently in wave (b) playing out as a triangle, which means we should see a ONE last move lower down to, idealy, ~8500$.
We could go a bit lower but as long as we remain above 7300, bullish bias remains intact.
If we go below invalidation level, we might need to consider the bigger correction as a potential triple combination. (I will make another update in that case)
We could go a bit lower but as long as we remain above 7300, bullish bias remains intact.
If we go below invalidation level, we might need to consider the bigger correction as a potential triple combination. (I will make another update in that case)
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Down it goes !
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