The key point here is the current wave is an impulse or a correction at current timeframe. Base on the price and time, I assume that the current wave is an impulse of an ABC. This ABC is wave B in larger correction. So, price should going down 1 more wave with 5 smaller waves before going up!
Note
Trade correction or waiting for next impulseNote
Target 1 reached. Protect beTrade closed: target reached
Related publications
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.
Related publications
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.