I think we are coming to an end of this downward move for now. It's possible we go up for a bit and then down some more typical of a correction. This is an hourly chart finishing up on a 5 wave pattern to complete Wave 5. You can have overlapping waves on an ending diagonal and think price will respect the channels that are drawn.

My hit rate on these predictions are pretty meh so take this as an idea only. Do your own diligence and trade at your own risk.
Elliott WaveSupport and ResistanceTrend Lines

Pernyataan Penyangkalan