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abc on a bigger time frame complete and now its in correction.
still in a downtrend? short term long position
price is going down but rsi is going up.
abc extension is close to finish. looking for long opportunities now
break after a triangle
you had a rising wedge forming but it broke then showing signs of bulls still in control
this push up could be the starting of a uptrend.
when it comes close to the vertical blue rectangle it can break out in an impulse.