According to this wave count, we could be at the beginning of wave C, based on Elliott Wave theory.
If the price respects the resistance level, we can enter a short position toward the support.
If the price respects the resistance level, we can enter a short position toward the support.
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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.