All longs placed here will be liquidated.
Momentum bullish divergence that means downtrend will be reversed soon Will fall to long term support
Bearish divergence on RSI, MACD and Momentum. Rising wedge on momentum !
Bearish divergence on RSI and MACD. Will test the 2 targets on the chart.
I think he is wrong on this post : Everything is explained in the chart
The 4th Elliot impulse wave has been retarded !