Short-term Sell set up

Since the short-term structure remains bearish, I am incline to wait for a selling opportunity to pop up

Comentarios:

Comentarios:

short-term bounce may continue and may test the 38.2% or 50% retracement levels

Comentarios:

looks like a bearish pattern is almost done

Comentarios:

there has been no impulsive decline so far, price could still go up

Comentarios:

e.g. a double zigzag correction

Comentarios:

Comentarios:

if there is another push above wave y then we can label w-x-y as a-b-c flat

Comentarios:

break below 6510 could indicate the recent high is the end of wave y

Comentarios:

could be another wave up to test the 0.618 retracement level

Comentarios:

bearish count

Comentarios:

Comentarios:

Comentarios:

Comentarios: