Correction BC of downtranding move AB is 66.5%
Each next restoration of price is less than next.
And a bit later we will see
1. this pattern will be over and it could be a signal for market recovery
2. or we'll see point E with correction < 59.3% (price ~ 6895) what's no good as we are in the end of tapering triangle
Each next restoration of price is less than next.
And a bit later we will see
1. this pattern will be over and it could be a signal for market recovery
2. or we'll see point E with correction < 59.3% (price ~ 6895) what's no good as we are in the end of tapering triangle