All waves meet basic rules of Elliot analysis. As price chart display there is double stretching of third wave of the biggest order (green). In this green third wave there is yellow third wave which is also stretch. So on balance at the moment we are in fifth wave of stretch yellow wave.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.