Chart 1H - At this moment, price showing a bearish continuation trend to complete wave V and 5. A breakout to the bearish continuation critical line and later to the bullish critical line 1 would bolster this point of view. Otherwise we might see another retracement continuation if the price bounds back at the double bottom zones later. Look for any bearish continuation signal or reversal retracement signal from BSTS later.
Chart 4H - Watch closely for any breakout to those critical lines as stated above before making any decission.
Chart Daily - In daily charts, we can see clearly the price already at the critical line (yellow rectangle zones) for a bearish continuation to complete wave 5 and V. A true breakout will bolster a bearish continuation scenario. Otherwise, thhe price might bounds back for last retracement continuation. Please correlate all this forecast details with BSTS signal to help you in making decission of any entry. Be wise and patient. Good luck for next week.
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