At the moment, I believed market just performed a bearish retracement trend either to complete subwave ii in yellow or corrective subwave c in aqua. A bounce from the lower aqua trendline and later follow by a breakout to the bullish continuation line 1 would bolster to this scenario. Therefore, I am looking toward a potential of bullish continuation trend scenario either to complete subwave iii in yellow or wave 5 in aqua. Otherwise, we may see a bearish reversal trend scenario to complete corrective wave c in magenta. A breakout to the bearish continuation line 1 would favor to this alt scenario. Good luck and stay safe.
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