as per the wave theory, the pullback is a three-wave structure, so I'm expecting some consolidation within the range. This is my first variation (current view). On the other hand, if the decline has a solid structure and breaks the immediate support level, we can expect correction continuation. If this happens, then it could be a C or 3rd wave of the correction. This is my alternate view.
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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.