Primary Structure: Bullish Zigzag
Primary Trend: Bullish
Current Wave structure: Bullish Impulsive
Expectations: The rise from the low of blue wave "B" now can be counted in five distinctive waves. This cycle may be perceived as the first leg of the expected bullish zigzag. The price needs to slow down as the wave structure in red wave "(A)" looks completed. As per rules, a pullback minimum of three waves may be expected in red wave "(B)". A consolidation phase is about to start now.
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