Strong Impulse to the downside. Now would be a good time for consolidation.
There could be one more wave down to retest the major support area and finish the extendend 5 wave structure of the impulse.
Lets see how this plays out.
There could be one more wave down to retest the major support area and finish the extendend 5 wave structure of the impulse.
Lets see how this plays out.
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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.