correction Wave A, showing in an internal fractal a zigzag pattern, must point to 8600, which is the next support from May 10 , where we have got a significative volumetric candle, Ichimoku confirms the pattern when we are under the clouds created by the senkou spans, MA confirms dowtrend (red MA sen over the blue one) . MACD indicates bears intentions, a small divergence which was reflected in the latest fall from Jun 11
Recommendation: long only when price touch big support like the 8600 one... the price would go min until the 10600
Recommendation: long only when price touch big support like the 8600 one... the price would go min until the 10600
Trade active:
zigzag pattern was edited because waves overlap and they're hard to read, obviously (c) bust be over (B) and (0) over (A)