The price is likely to sink further down to $182 level because there is an impulsive wave developing now. There is a Triangle in wave (iv), and a move below $192 generates a sell signal with at least 5% downside potential.
Comment:
No signal yet. Market is neutral. Staying out for now. Keep an eye on this $207 resistance:
Comment:
The price is sinking towards the target:
Trade closed: target reached:
Main target reached.
