Main items we can see on the chart:

a) The price has reversed from a major resistance zone

b) After the initial movement and the breakout of the Ascending trendline a Corrective structure was formed

c) Currently, we can see a corrective Structure composed by an ABC pattern (also we can expect an ABCDE Pattern)

d) If the corrective Structure is broken with a bearish movement we expect a continuation of it towards the next Support Zone


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