Correction to 3800 or lower imminent
Rising wedge and falling volume indicates we might be starting C impulse wave of the correction. I think we'll see a .382 (around 3800) or .5 retracement from the run to ATH.
Also notice the week bearish divergence on the hourly.
Happy trading :)
Also notice the week bearish divergence on the hourly.
Happy trading :)
Note
Updated lines (on a different PC) and zoomed in.
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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.