Latest moves in three waves.
Assume two options:
1) flat (3-3-5 structure)
2) triangle
All two are bearish structures. Daily MA50 slightly above, supports immediate push to the downside.
But be aware, that on daily structure we are approaching the culmination point. All sells are short-term.
Trade safe
Assume two options:
1) flat (3-3-5 structure)
2) triangle
All two are bearish structures. Daily MA50 slightly above, supports immediate push to the downside.
But be aware, that on daily structure we are approaching the culmination point. All sells are short-term.
Trade safe