I would like to see one more new low and reversal into upside retracement => reversal back to the downside move.
I do not exclude possibility of another daily high but it is less likely to me and a lot of late longs are trapped in positions.
I do not exclude possibility of another daily high but it is less likely to me and a lot of late longs are trapped in positions.
Comment:
Anticipate small upside more to make buy side raid => reversal down to the new low.
Trade closed: target reached:
New low is in place.