Take a close look at the red arrow. Price formed an EVENING STAR candle pattern at a trendline resistance. If price dips below 89-88K then welcome to $75K or below. On the general structure it's a bearish flag pattern and for ELLIOTT WAVE THEORY... It's a wave 4 correction.
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Take a close look at the red arrow. Price formed an EVENING STAR candle pattern at a trendline resistance. If price dips below 89-88K then welcome to $75K or below. On the general structure it's a bearish flag pattern and for ELLIOTT WAVE THEORY... It's a wave 4 correction.