It is in a downward loop, which according to the failure of 50% Fibo of the previous wave, the ability to pull back to the specified area or 50% Fibo, which is in the red box area, the path to the bottom of the trading range can be continued.
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After not being able to break the red box approaching the bottom of the channel and the specified range.
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Break the support level, in case of upward correction to the red box, you can enter the continuation of the selling process with confirmation.
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After reaching the desired box area, now ready to break to the target area
