Looks like we have some more downwards movement to go... seeing a symmetrical triangle that will most likely lead to another leg down. I see this all as wave A out of the ABC (YELLOW) sequence. If this is so, we should see some type of bounce upwards probably on Monday, before we continue downwards more.
looking to short here if I am online at the time, definitely want to long the bottom of A just incase this is some type of Flat correction and we start impulsing upwards again passed previous highs.
thanks for viewing, follow, like, comment and share! :O
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.