We are in a macro symmetrical triangle, forming possible Ascending Triangle in a either downward or upward channels.
Most important concept to understand is: are we in IV - V wave or are we still in a wave II to III in the ABC downward impulse of the triangle down motion. Because if we are still in 2 -3 wave downward action is very possible.
Either way, anything the chart speaks for itself.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
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