
In line with the expectations, the market is moving up in the bullish impulse C, following upward correction 2. Wave C has started developing after the downward correction B was complete, having developed as a plain zigzag [A]-[B]-[C]. The price may be rising to a level of 11551, where the size of wave C will be 100% of the A impulse. This ratio is likely to be reached, as waves A and C tend to equality in zigzags.
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