In the 240-minute chart, with the price increase, we should consider the end of the downtrend in the range of $ 1764. If the price can cross the range of $ 1898, the first confirmation will be received. In order to get the main confirmation for the advent of the V wave, the price must cross the range of 1965.55, with 5 ascending waves.
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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.