A 1, 2, 3, 4, 5, a, b has Elliott wave has formed, waiting for c wave to be confirmed. A bearish flag pattern is about to confirm the c wave. After breaking the lower parallel line is the best time for taking a short position, and a retracement of the size 'a' is expected.
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.