Possible wave structure interpretation

Expecting another wave (C) decline to unfold once C of (B) is done

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a solid close below the previous supportive zone would suggest wave C of (B) has finished

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bearish outlook

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preferred count in pink

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close to a reversal ? preferred count in red

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looks like bears might win the battle, waiting for Guyyp EMA sell signal

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took an initial short as i believe the yellow count is valid, guppy EMA
also says yes

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still going up, no clear sign of reversal

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