Continued Sign of Bearish Trend -Retracement R3 only reach 0.618 fib of Line C, show much weaker uptrend comparing to the previous retracement R1 & R2 as following: -R1 retrace more than 0.786fib of Line A -R2 retrace more than 0.786fib of Line B - Candle sticks moving below MA 200 - Candle sticks moving below ichimoku
As of now, expect length of double top to be met at 22X. Longer term wise, Expect 1:1 of Line C at Lower Low 4 (LL4)
As of previous post: -Magnitude of Downtrend Line B much stronger than Downtrend Line A -Magnitude of Downtrend Line C similar to Downtrend B Expect 1:1 of Line C at Lower Low 4 (LL4) -Candlestick currently challenging MA200