Over here, I updated the wave counts and commented on that the alternate count is still a bearish count. The upper trendline will be where we can consider shorting if price does make a higher high, and the lower trendline will be the breakdown line.
Trade active
Price has started to come down. Let's see if we can hit the bottom trendline.
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.