If this is the Elliott 5th wave, and diagonal as it seen, then a long period of bearish trend is just begin. If it breaks the channel, the lower side of the channel will be seen in a very short time and it will be the first target (wave A)
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.