since the bearish run is not finished yet, it's better to wait untill the yellow line, to see how the price will act and if the volume and the trend is sufficently strong.
the yellow zone is defined for range, inefficiency and point of interest as 0.618 of short trend and last target for the last bearish run.
Wait until yellow line --> first conferamation
Yellow range zone --> if is broken is a second confermation so we can enter in the market.
all targets and lines' definition are on the graph
the yellow zone is defined for range, inefficiency and point of interest as 0.618 of short trend and last target for the last bearish run.
Wait until yellow line --> first conferamation
Yellow range zone --> if is broken is a second confermation so we can enter in the market.
all targets and lines' definition are on the graph
