Hey guys! Here is an overview of the current situation! We're still in correction it goes in short term up, because we are at the Moment, in the 4 Elliot Wave
, as soon as this is finished, the last 5 wave impulse follows downwards. All patterns meet in the same area I have marked.
1. Fibo retract 0782.
2. Support Line
3. Support Trend Line
4. Fibo extension 61.8 (Wave 3-
So it's possible that the price can drop to about 4500-4800 $ .To start a new bull run again . I am pleased about kontruktive criticism. Happy Trading!