If the price drop below the current yellow channel i would think the previous high of 5291 is the top for the short term at least. Then I would label the current movement as 12345 for a leading diagonal.
If short now, stop at 5291
If short now, stop at 5291
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
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.