XGD
I still think this is lacking a new low before a decent bounce should be seen, although this is very much a mirror of the $HUI in the US
If/when we see a new low for wave 5 of [3] i think it will offer a great buying opportunity as wave [4] can be a decent bounce, the sentiment should be be dire if price was near 2000
The exact conditions you want to buy when no one wants to "hold em"
4th waves also can take the shape of a triangle, so this may chop sideways for a while before eventually moving lower.
This is a log chart
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