Downside toward 20.3k-20.4k
Updated
Few bearish dynamics at play here:
Bearish Wolfe Wave that will complete 1-4 projection at 20.4k around August 21st
Distribution that activated markdown on this breakdown - tried to get back in and rejected; initial target 22k, goal target 20.3k in confluence with the wolfe.
~Sincerely
Winnie the Pooh
Bearish Wolfe Wave that will complete 1-4 projection at 20.4k around August 21st
Distribution that activated markdown on this breakdown - tried to get back in and rejected; initial target 22k, goal target 20.3k in confluence with the wolfe.
~Sincerely
Winnie the Pooh
Trade closed: target reached
Note
Shifting to bullish~CR
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