According to Elliott's laws, it is possible that there will be a final upward wave, which will complete the XX wave, but if an upward trend occurs, it is only a corrective rise, not a motive, because the decline has not ended.
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Unfortunately, this analysis is no longer correct, because the downside is dominant and ended the corrective upward waveDisclaimer
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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.