Comments on the chart. If this idea proves correct and a 5 wave down move happens then we should have a 3 wave retracement which should lead to a much bigger downmove.
Note
Price fell hard today and stopped right on the wave 3 low. I am looking for a bit of a bounce before a slice through the said support area. Still bearish...Note
more falls in price today. The idea is working out wellNote
price continues to fall. I am now looking for a small bounce to relieve the selling pressure. We are still going to 19 (basis the futures) imhoTrade closed: target reached
Target reached. Price is still bearish and I believe 18 might be on the cards
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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.