On the daily chart, structure support has fallen. I expect the price to stop at the nearest support and pullback,. providing a good area to look for a short position.
On the weekly, a possible future setup for a Wolfe wave something to look forward to in the near future.
On the weekly, a possible future setup for a Wolfe wave something to look forward to in the near future.
Note
price may break Weekly support and target 1.272 Fib, before coming back to validate a possible entry for the Wolfe wave.
Note
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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.