Did the up trend is about to end?
The possible target of wave {4} is very close. The 50% fibo retracement of wave {3} and the 1.618 fibo ext of ABC is near. Considering DPO indicator wich is ready to make negative divergence, our conclucion is that this week will confirm if this scenario will became real.
Suggestion: Neutral position
Suggestion: Neutral position
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It is possible to have an abcd pattern in development and this could be the completion of wave {iv}.
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ABCD pattern is still in play.
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AB=CD Target reached.
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