On a daily time frame, the market is on a bearish wedge (Correction), where it well known that, after a correction there's a continuation of the previous trend.
On a lower TF, we see a good zig zag correction and a potential impulse in a leading diagonal form and the price is testing a good fib level. Therefore, we're looking for an upside move in a continuation to the previous move.
On a lower TF, we see a good zig zag correction and a potential impulse in a leading diagonal form and the price is testing a good fib level. Therefore, we're looking for an upside move in a continuation to the previous move.
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