candles with big shadows show us usually reversal trend. If is it so, wave (ii) is ending and bears get ready. Spike candle is on abcd target exactly (1.618) and RSI is overbought.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.