Price action overnight was not what was meant to happen.
In my last video idea I mentioned that the move needs to be sharp up not sharp down.
I have kept this count in the back of my mind in case something like this happens.
Part of the reason for this idea is that I believe SHIB is completing a Wave D and will soon turn lower for another leg down.
Due to the bearish price action and a lack of highs in recent SNX price action I feel the need to present this bearish scenario.
If price goes above 4.135 then it would invalidate this count.
I am tied up with a few things right now but I will post a video update later today.
Not Financial Advice.
In my last video idea I mentioned that the move needs to be sharp up not sharp down.
I have kept this count in the back of my mind in case something like this happens.
Part of the reason for this idea is that I believe SHIB is completing a Wave D and will soon turn lower for another leg down.
Due to the bearish price action and a lack of highs in recent SNX price action I feel the need to present this bearish scenario.
If price goes above 4.135 then it would invalidate this count.
I am tied up with a few things right now but I will post a video update later today.
Not Financial Advice.
