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$WABI - Bottom curving with divs.
This chart isn't well adapted to EWT. When I see charts like this I like to let it play out a lot longer before I put waves.
However its always reasonable to assume that the retrace might hit the .618 retrace and that's where I drew my TP box, assuming the bottom is in.
There might be another retest of the descending trend line, but I am expecting a bounce in the near future.
However its always reasonable to assume that the retrace might hit the .618 retrace and that's where I drew my TP box, assuming the bottom is in.
There might be another retest of the descending trend line, but I am expecting a bounce in the near future.
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