In the daily time and H4, an ascending channel is completing wave B. This corrective wave can be completed in two areas. The first PRZ range or the second red box range, which is 1.618 Fibo and the resistance range and daily supply. After the end of this wave, we should wait for a sharp correction wave C. After completing this wave (b), we will check the range of wave C.
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Waiting for confirmation in one of the two PRZ zones, you should expect the continuation of the downward trend.
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