After completing a 5-wave bear cycle, the counter is currently in a corrective ABC wave.
It has completed its waves A and B and is currently at the brink of wave C.
Further, it is at the confluence of multiple support with broken trendline and price action support.
Hence, we expect the pair to be bullish in the short-term.
It has completed its waves A and B and is currently at the brink of wave C.
Further, it is at the confluence of multiple support with broken trendline and price action support.
Hence, we expect the pair to be bullish in the short-term.
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