Just an Idea on the local PA. Could be an expanded flat 4. If so would look to that .236 and .382 confluences for a long on a 5th. Chart is in log due to the impulsive nature of the PA prior.
Note
Successful short trade idea. Looking in this area for reversal signals. Until then, remain patient in short.
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.