Hey traders! Last week's price action completed with a very bearish
move and containment inside the monthly trendline
(top, red). Five waves down confirms an impulse, and I want to sell the pullback toward the completion of a potential Gartley pattern
. The bearish
wave-5 may still have some juice left in the tank as the 1=5 level has yet to be tested. However, in order to achieve a higher R/R I want to wait for the retest of previous fourth wave resistance before entry. More to come!