Correction to Short Continuation
This is a possible scenario from seeing similar Zig Zag sets ups.
Being that the overall market is still bearish, I'd expect another correction pattern before another down trend.
From what is looks like as for now, a start of a Zig Zag Pattern (5-3-5), seeing bearish impulse waves in the first movement, will have to sit and wait to see what else comes out of this.
Still looking for any signs of reversal, but it seems we are still not on any type of reversals from my top down analysis.
Everything looks bearish in nature.
Being that the overall market is still bearish, I'd expect another correction pattern before another down trend.
From what is looks like as for now, a start of a Zig Zag Pattern (5-3-5), seeing bearish impulse waves in the first movement, will have to sit and wait to see what else comes out of this.
Still looking for any signs of reversal, but it seems we are still not on any type of reversals from my top down analysis.
Everything looks bearish in nature.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.