We got a five waves down sequence, and with the fib levels applied we may assume a complete impulse.
I do not recommend to trade in isolation from the higher timeframe structure, but in general we may expect at least a corrective set back, that, on a daily frame, seems quite substantial.
On RSI - a divergence is forming between the waves 3 and five, that is also typical for the impulse to be fading away.
I do not recommend to trade in isolation from the higher timeframe structure, but in general we may expect at least a corrective set back, that, on a daily frame, seems quite substantial.
On RSI - a divergence is forming between the waves 3 and five, that is also typical for the impulse to be fading away.