On the daily chart, with high probability, the price is starting the 5th Elliott wave of a bearish cycle. The breakdown of the latest down fractal would be an optimal level to enter short. My trading levels are marked on the chart.
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.
