The analysis is based pm Elliot wave principle. Here, we are selling the 3rd wave of wave 5. The previous wave(wave 4) form a bearish triangle, than wave 1 of 5 break the triangle downward. We are to wait for a retest and at any bearish candlestick pattern we short the market.
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.