I continue to hold short into the bounce. The series of 3 nested 1-2 wave pairs looks gorgeous and suspicious at the same time. I am ready to consider an alternative but so far does not have any at hand.
On a higher timeframes there is a great deal of resistnce formed by moving averages see the chart below
On a higher timeframes there is a great deal of resistnce formed by moving averages see the chart below
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