The price is still going down, and we did not have a smaller correction to the upside within our correction to the downside, as we expected, but our medium term model has not changed a bit: a bigger movement to the upside is still coming. As it stands now, in fact, the structure still seems a corrective structure of the impulsive movement that took the price from the $ 15.2 level to the $ 18.2 level. For the moment, therefore, we are not changing our view, and we will be looking for buy setups, from this moment on.
Updates on this and smaller timeframes will follow.
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