🔹 Current situation:
• The bounce from this week's low seems to have ended as a structure of only 3 waves.
• This keeps the short-term pressure downward as long as the price is below the resistance at $187.92.
🔸 Corrective scenario:
• It is likely that we will see an additional low within wave c of (Y).
• The potential buying interest area ranges between $173.35 – $164.20.
⚖️ Summary:
• The short-term trend remains bearish until a breakout occurs at $187.92.
• Buyers may show strong interest at the area of $173.35 – $164.20.
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