Wave V of the bigger wave 3 has extended to 0.786 level of wave ii, iii, iv trend base fib extension. This is proof a strong down trend. RSI and MacD is also showing strong down trend.
Waiting for a reversal signal to go long (Wave 4).
Happy Trading
------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice. --------------------------------------
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.