The long term risk is to the downside after completion of wave E.
Trade active
The market is on the upper trend line of the bearish parallel channel. The market is giving many possibilities. An aggressive break of the upper trend line will indicate our analysis in invalidated and the market is bullish. We still maintain the long term risk to the downside.
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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.
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.