In my primary count, I still expect another leg down for black wave C.
The lack of RSI divergence on the recent low leads me to believe that the downtrend is not over yet.
If price breaks the gray resistance zone, I'll reevaluate.
The lack of RSI divergence on the recent low leads me to believe that the downtrend is not over yet.
If price breaks the gray resistance zone, I'll reevaluate.
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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.