After strong impulsive up move by using wave analysis we can read the price action on the chart and from what we see we can conclude that A and B wave of A-B-C corrective expanded flat pattern is completed... Now, this is phase of C wave development and currently we are looking at possibility of regular flat correction before down continuation...
Short term short
Long term long
Short term short
Long term long
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Small up move could indicate earlier completion of correction... Small pull back on 15 minute chart would be good opportunity for Long Entry...
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