I was hoping for that 4th wave to finish, but it seems that we have to wait for that to happen.
On 1h charts there's bearish pennant, and price may consolidate for 1 more day before going even lower.
We can hope for some bullish moves when that red box will get to be broken upwards. Its a method to compare one correction to another in down or up - trend. As for now, we have one bearish move after another.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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