From the Market point of view, I beleive this makes more sense, to finish the structure and then create a new Rise, or new lower area. Also, it's still below 1.9 so no need to make a long Buy yet.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.