Hi Traders, investors and newbies,
Based on past price action, I see this going down further after a small rally to complete the target for this upward wedge .
The ABCD move has proven many times to be fact and I expect based on this move, it will be similar in a deep pullback.
However, everything has conditions, to confirm so.
Note: weekly 10 and 20 ema are relevant to this chart and I see this price heading towards the 20 weekly ema , for now.
For more reasons as to why, look at my live video stream from 30min onwards as to why I think it will be going down further and why short.
Link to the video stream.
All the best,