Looks like we have a first impulse down in new structure and we are currently in flat abc correction which should end soon.
Wait for breakout of lower trendline for sell entry.
Wait for breakout of lower trendline for sell entry.
Note
Note
Trade has triggered,Please note we might still get small up move before next big drop
Note
Price broke out of the pattern.We have to wait for for more price action to decide direction
Note
Note
Looks like 4-hour correction which indicates a further update.Trade closed manually
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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.