The structure shows the same waves in a corrective downtrend.
A negative ADX is a sign of a range or a small bounce.
The ADX has bouced to .30 zone.
I expectect a bounce to the 8300-8400$ zone and after that, the final wave C near to 6600-6800$.
A negative ADX is a sign of a range or a small bounce.
The ADX has bouced to .30 zone.
I expectect a bounce to the 8300-8400$ zone and after that, the final wave C near to 6600-6800$.