I still want to trade for the downside, but the corrective pattern seems unfinished and I could not find a good place to position a short trade.
Comment:
not quite sure about this corrective structure, but a break below 5627 should signal further bearish potential
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Comment:
another count in red
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looks like complex (b) wave is done
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Sell?
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will this to be unfold as corrective patterns?
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expanded flat?
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looks like the ugly correction may have ended, but still need to see price drop below 5627 first
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maybe like this
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wave 5 of (c) is still going, any touch above the previous high of 5964 would deny my interpretation
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ready for sell ?
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a decisive break below 5858 would favor my bearish count
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space