=> Here we can see the downtrend has broken its year-long consolidation.
=> For those in Elliot wave this appears to be an ABC correction since December last year.
=> Eyeballing the lows of $3,000 for support, in particular I like $3,100. This ABC can extend as low as $2,294 - $2,300.
=> To put it simply, there is no point in trying to catch a knife here as the correction does not look done .... yet.
=> For those in Elliot wave this appears to be an ABC correction since December last year.
=> Eyeballing the lows of $3,000 for support, in particular I like $3,100. This ABC can extend as low as $2,294 - $2,300.
=> To put it simply, there is no point in trying to catch a knife here as the correction does not look done .... yet.
