It is obviously following my prediction. So nothing to update from my previous posting, and no need to change my general plan.
In my opinion, it is forming 4th wave and will drop down one more wave to my bouncing zone from the previous posting. I hope it bounce at the zone(at least a little bounce!).
But one thing we should aware of it. If there is no bounce at the zone, price will "FREEFALL" to $8,150ish.
So, I will add one more very simple option to my general plan.
Add: If it is not supported at the zone, switch to short
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.