Since 8th July low, this pair has been in corrective pattern ii, PA maintained below 61.82% retracement of the impulsive decline wave i, extending more than 1.6182 x time taken by wave i.
This wave ii correction (a distribution) could terminate near 0.6182 at the extremity of it's (c) wave.
It's overdue in TIME, right PRICE and PATTERN nearly complete for a resumption of down-trend wave iii.
Longer term snapshot :
This wave ii correction (a distribution) could terminate near 0.6182 at the extremity of it's (c) wave.
It's overdue in TIME, right PRICE and PATTERN nearly complete for a resumption of down-trend wave iii.
Longer term snapshot :