i am not quite sure in your idea.. i see more opossite
Timgucci
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@EDIN-DANMARK, hi, I have broken down my analysis to 4H to show my idea a little further. Price has continued the bearish trend and it is currently correcting the fifth wave (v) down. In the current bear impulse, there was a 3 - 4 corrective wave which I think may lead to continuation of (5) (v). Also, I have included my invalidation level for my bearish bias in case this scenario does not play out. Thanks