Not big fan of selling into corrections but look how fast the price has moved down from recent Ending Diagonals (good RSI divergence to support these).
Most of the ending diagnosis retrace back to the end of wave 2 so we could see a correction down to 44.60
There could be one more move up before the correction (Although RSI suggests that may not be the case)
Drop down to a lower time frame to confirm the breakout before taking the trade in case we do get one more move up.
Most of the ending diagnosis retrace back to the end of wave 2 so we could see a correction down to 44.60
There could be one more move up before the correction (Although RSI suggests that may not be the case)
Drop down to a lower time frame to confirm the breakout before taking the trade in case we do get one more move up.