The limits of bearish power angle based on bearish deviation of decline fractal.
Breaking above red is matter of time which is a trigger for the next bullrun. Obviously price is not going to break above it in nearest future, but once it encounters the level, chances of reversal increase exponentially in respect to timing.
Breaking above red is matter of time which is a trigger for the next bullrun. Obviously price is not going to break above it in nearest future, but once it encounters the level, chances of reversal increase exponentially in respect to timing.
Comment:
Zooming into the chart is always a good idea.