Why? We are unable to break above the 60 RSI.
On our way to complete our last 5th Wave down for the ABC
Confluence at $7.772
My count of the 4th Wave of one lesser degree, with Fib retracements from both Corrective Waves
A break above $11.6410 would mean my Bearish Count is invalidated
Short when it breaks below $9.0887 with conviction(volume)
Should we complete 5 waves up, start buying on the retracement.
Any targets not hit will be bought upon the breakout above the end of Wave 1.