THE PRICE IS IN A DESCENDING TRIANGLE OF A 4TH WAVE.

he price had formed a descending triangle after an extended 3rd wave, as we can see in the 5 subdegree formed in the 3rd wave. The bottom of the descending triangle is in the area of the 61.8 fibo retracement.

We must wait for the 5 wave.
Chart PatternsTrend AnalysisWave Analysis

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