This huge grind started off super misleading as the move down was very choppy. The end of this choppy move marks to me a Wave A, which was followed by a converging sideways move Wave B with an upward overshoot. The waterfall move down is an assumed Wave C which should end in and around the 1:1. Volume is peaking for the second time just like on the move up before a reversal. Let's see!
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.