Hi All,
Expecting a slightly further move up towards 138.4 - 138.8 before falling further.
We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement.
In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8.
In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down straight from open.
Have a feeling it's going to test that area or higher again before the drop.
Expecting a slightly further move up towards 138.4 - 138.8 before falling further.
We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement.
In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8.
In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down straight from open.
Have a feeling it's going to test that area or higher again before the drop.
Note
Short enteredNote
Another entry for a short coming up.Note
Pull up and then https://drophttps://www.tradingview.com/x/otXmUAp2/Note
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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.