It may look with current engulfing market will resume bearish but bulls also looks alive. This setup has all the bears simulations from previous idea also the same bull target now with a better zoom in, and inner bull and bear circles competing each other.
Note
Market is undefined, there is so much conflicting signals, but it is accumulating to soon take some side. It may look too much obvious bearish but that's when market moves on the opposite direction. Better wait a bit outside or just use risk management on your favor:Note
Moment of truth very soonNote
Time has gone and no movement, so I will publish another curve.
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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.