A classic chartist and/or EW would sight an ending diagonal, followed by a bearish three drives pattern, the third peak being (at a glance) at c.78.6% retrace territory.
This being - at a minimum - a corrective (C) wave seem quite a persuasive view.
If it turns out to be something more substantial I will let PA dictate. See FXCM U$ chart too.
This being - at a minimum - a corrective (C) wave seem quite a persuasive view.
If it turns out to be something more substantial I will let PA dictate. See FXCM U$ chart too.
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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.