Elliot waves suggesting a 3rd wave down to the possible C target. Chances for a flat corrective wave B are realistic, but unlikely if looking at Ichimoku, which is still very bearish. If this does however turn out to be a flat corrective wave B, short entry would be at top resistance of the channel.
My first idea, just started trading for fun, still learning.
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.
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.