A bit of relief could come but not too long- a true reversal would likely take place much lower. I do not think- at this point- the gap will be filled soon.
Comments
timwest
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Suggestion: if you have gridlines that are barely visible (instead of not visible) it would make the chart a tad easier to see.
A-shot
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Ditto
timwest
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It does look interesting as a long down here somewhere. I'll do some targeting and see what I come up with too.
sublimares2
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Much appreciated your comment. I do not use the grid lines (invisible mode) - not sure why the chart is not easier to see. It would be great with a target. I came up with a reversal zone probably at around 5.50-6.0 and surely glad to compare your target..