The price decline in five waves "impulse" after testing a double top area. Price is making a corrective pullback which will most likely unfold as a zigzag pattern based on the rally in wave (A).
Once the correction is completed, the price is expected to resume in the direction of the impulse.
Thanks for reading!
Once the correction is completed, the price is expected to resume in the direction of the impulse.
Thanks for reading!
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