Looking at the current drop, I am seeing a nice Elliot Wave response here as the Wave 3 was extended with its 5 waves then now we are pulling back to the 2014 Demand Zone to give us Wave 4 , which agrees as well since Wave 4 is known for consolidations. Whats your take?
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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.