The last sideways consolidation shaped the notorious Triangle pattern in wave B as a junction of waves A and C of this big correction.
The drop could hit the area of 6.73 as market thinks about the deeper retracement lately.
Its all about the uncertainty of US-China relations and players tread the water to take their time.
The drop could hit the area of 6.73 as market thinks about the deeper retracement lately.
Its all about the uncertainty of US-China relations and players tread the water to take their time.
Trade closed: stop reached
invalidated
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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.