> ABC correction with the major C leg downtrend ending diagonal pattern - possible final 5-wave at 0.5 fibonanci extension level -30% and 0.618 level -50% if break below the current key support.
> The price is currently trading below SMA50 and SMA200 and RSI TFW bearish signal broke below MA line below 50.
> An upcoming RSI bullish divergence in TFW could be possible - stay in wait and see mode for price confirmation.
Always trade with affordable risk and respect your stoploss, nothing 100%
> The price is currently trading below SMA50 and SMA200 and RSI TFW bearish signal broke below MA line below 50.
> An upcoming RSI bullish divergence in TFW could be possible - stay in wait and see mode for price confirmation.
Always trade with affordable risk and respect your stoploss, nothing 100%