My chart shows quite clear that the downtrend continues until the nearest control high gets violated.
Based on measured move, there might be another 350 pips drop from the current level.
Based on measured move, there might be another 350 pips drop from the current level.
Note
Actually, price moved beyond the measured move... 500bps down, that's a lot.
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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.