Elliot Wave Analysis - Medium Term

We are currently in a bullish correction of wave 4 which can be a Flat correction or ZigZag
The breakdown of the green line confirms the end of bullish correction of wave 4 . A short entry is possible after the breakdown of that green trend line to the target of wave 5 shown in the pink circle

The correction of the current wave 4 can go up to the 2.618 red fibo level which intercept the upper red line of the current main bearish channel which seem to be a Diagonal Pattern

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