Price has been developing in a diagonal structure since 13th Nov low and we are expecting price to make a deep pull back from here.
From a higher timeframe perspective, price is current near the top of an expanding diagonal structure too, providing us a huge room to the downside.
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.