We saw the triple top failing to make it past resistance, followed by a savage drop in short term price. Looking at the previous strength areas, I suggest price may move back down to where wave 2 started. Red arrows point toward potential targets. Consider following me if you like my analysis and for more trading analysis.
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.
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.