A few factors that may indicate a trend reversal near term for the fast-falling optimism token:
Don't try to catch the falling knife, like I did, yesterday.
- High time frame Gartley pattern potential reversal zone (PRZ).
- Looks like the WXY on the HTF correction is near complete, with a final drawn-out zig-zag, nearing it's AB = BC wave length comparison.
- The komo cloud is still trending down strongly, but getting thicker - indicating an overextension from the mean.
Don't try to catch the falling knife, like I did, yesterday.
Comment:
Fixed the chart to show the last AB=BC zig zag:
Comment:
Target 1 achieved.