Still going down, RSI getting oversold, where will it end...?
Possible minor support at the small circle now, if it goes further down I will be watching the area where I drew the larger circle which has trendline, S/R and MA confluence...
Time-wise the AB=CD is off now, but I left it on chart for reference...
Kommentar
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We got a reaction at the small support, could be forming a triangle in which case we need waves 44 and 5 to complete, we'll see...
Kommentare
thecrackking
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So you believe the next wave will be to the downside?
KVE
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Hi, sorry for the late answer but since the correction (possible triangle with wave 4 (possibly) and 5 to finish) hasn't completed it's not too late...
I think we will get trend continuation, so up.