Wave B appears to be completing a corrective retracement within the larger downtrend. Price is compressing near the resistance zone, suggesting the structure is preparing for a potential Wave C. Waiting for one more low to complete the 5-wave structure.
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Wave B appears to be completing a corrective retracement within the larger downtrend. Price is compressing near the resistance zone, suggesting the structure is preparing for a potential Wave C.
Waiting for one more low to complete the 5-wave structure.