I am expecting very small pullback then move up if this is a fractal. I am unsure as to how far it may go. Long term I am bearish.
Comment:
Price has made a small pull back as in prior fractal. You can now draw a trend line across the high of the last 2 small waves that have formed today. Once a candle closes above that line, we have a buy signal.
Comment:
The good news was there was a wave up. The bad news is that it was smaller than anticipated. This was a market fractal since there was a corresponding wave up. It moved in the direction anticipated using prior market pattern.