Wanchain may have 1 more wave to complete the 1-5 correction. This will re-test the major support/resistance line. Hopefully a bounce will follow. Not sure if the following bounce will be a B wave. I normally like to cross-reference a dollar chart but there is not one available.
Note
A subwave 1 may have already formed for the next move up?
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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.