Last very short-term analysis:

The price moved back and forth in this rest period. Now 1528$ (R1) may become new support to start 5th wave (green scenario) or may not and S1 act as support (orange scenario).
Note that It is a very risky situation. Price has reached medium term high and close to long term high. watch your position and set reasonable SL and TP.

The price moved back and forth in this rest period. Now 1528$ (R1) may become new support to start 5th wave (green scenario) or may not and S1 act as support (orange scenario).
Note that It is a very risky situation. Price has reached medium term high and close to long term high. watch your position and set reasonable SL and TP.
Note
in the middle of the green zone...may have some minor corrections.
Note
Considering above chart and bearish signals, both green and orange scenario is under doubt now.Note
little to go to see if orange scenario is valid or not?...Related publications
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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.
Related publications
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.