Living in the 1 hour charts and less. Even up to 4hr charts is draining your free life time. Learn to ride the bear. It could go a bit lower than 4250 area, but believe a decent relief rally may come about at the least. Thinking the ETF may finally be a 'news' that isn't sold-on August 10th, but I place no certainty on anything and I don't short. Hodling is great, I have been hodling USD during this correction.
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EW count on the 4hr
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Also, this fits remaining within the log trend as well
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Close up on the 4hr. Maybe I am wrong, but I see 4500 coming in the next 2 to 3 weeks. If that comes true I predict a bounce to 7200 area after with real capitulation starting after that.
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Well here we go, will we break to the new low? I think so, but let's see.
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So Far so good!