Taking a closer look at the 4H timeframe, it seems that the downside is not over yet.
The upside movement was corrective (green ABC), while the downside is impulsive (green I-V).
I expect green resistance to hold any bullish movements.
The upside movement was corrective (green ABC), while the downside is impulsive (green I-V).
I expect green resistance to hold any bullish movements.
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