CHINA50 // deep into the correction

After a huge impulse that turned the monthly chart long, the countertrend is valid on the weekly and the daily.

As long as this daily short countertrend is valid, the next targets are the correction fibo levels and the weekly breakouts.

The primary long trend resumes above the last clean daily breakdown (green).

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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.

Level colors:
Daily - blue
Weekly - purple
Monthly - magenta
H4 - aqua
Long trigger - green
Short trigger - red

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Stay grounded, stay present.🏄🏼‍♂️

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