Current PA is suggesting that there is still more down move left in it. There are 2 potential bullish abcd patterns that are expected to finish their D at same area marked in red rectangle ,which could be nice reversal zone to go long. But for now i watching PA to catch the remaining part of the CD legs of blue abcd and orange abcd. i have two sell entries whichever gets me in first .
Entry ,Sl and Tp on chart.
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Entry ,Sl and Tp on chart.
Note:If you like the chart then pls click on like button.
I am a Chart Slave.Thank you TradingView and @nmike.