2nd Head Fake from the Daily Price Range Close. Momentum Buy candle defined the Range on March 13th. A daily close now above or below the range should send send us back to 210 on the upside or 202 on the downside.
The rectangles show moments in time where Bearish Divergences began in the RSI. We are at that moment again. Last time it took us down to 181 from 203. Are we in the mist of another big correction now?
Hidden Bearish Divergence and Ichimoku Resistance.
Triple Bearish Divergence - Look out Below!
Monthly close on Monday. A close outside of that mother bar could indicate further downside to 98 area.
A close above Red Box, go Long. A close below Red Box Go Short. Careful with Green Box Support. Once you take a position, put SL on the other side of Box.
3-5 Wave correction complete. Should be smooth sailing from here.
Looks liske a Bullish Megaphone. Long at 101.910 1st Target 102.800 2nd Target 103.400
Elliot Wave Count - Opinions please
1H Elliot Wave may send price to 103.100