A 68% correction of the downmove could be appropriate given the successful retest of the decisive trendline and supports.
Afterwards, the future is less clear. At this moment noone can say whether the general downward movement from the beginning is corrective as indicated (abc) or if it will turn out to be impulsive with lower lows to follow.
Afterwards, the future is less clear. At this moment noone can say whether the general downward movement from the beginning is corrective as indicated (abc) or if it will turn out to be impulsive with lower lows to follow.
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