I'm not sure if its the end of wave "III" or wave "V". Anyway we should see a move to the downside, but be carefull, the price my bounce back at the bottom of trendline (signed as "IV"). Whats your view? Post it in the comments.
Trade with care!
Maybe we will see a bit more move to the upside because its the end of wave 4 and start of wave 5 in the inner structure, but in a few days the trend should break.
Trade with care.
I think this should be the end of wave "V" and start of wave "A", but be carefull, could also be a stretching of wave "III". Wait for Breakout before sell.
Trade with care.
Most of you should know this picture, I just love it so i have to post it to my ideas.
In my Ideas I combine two of my favorite strategies, the principle of Elliot waves and a strategy I learnd from a German Trader. If you want to know more post it in the comments.
Trade with care!