The 4 hour chart boasts a five decline with a three wave correction. The 30 minute chart also shows a clear five wave decline and three wave corrections. Within the bigger picture (see related chart) this bodes well for a shorting opportunity - third of third wave.
Alternately, this would be the start of wave C (3rd wave) of an ABC pattern.
Alternately, this would be the start of wave C (3rd wave) of an ABC pattern.
