in all probability, we will enter the market reversal zone, after the initial wave 1 - after which we will have a strong correction with the possibility of breaking through the previous low, which is also indicated by increased volatility
Note
there are so few buyers that almost the entire correction took place under the zone that I indicated.
but price still pricked this zone and turned around, so the idea can be considered as ok
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.