This is an alternative scenario:
An ascendent flag in a downtrend is usually a bearish pattern.
If that is confirmed and the price breaks the flag we could se another impulse and this could complete the ABC correction with support in between fibo 78.6 ans the trendline.
An ascendent flag in a downtrend is usually a bearish pattern.
If that is confirmed and the price breaks the flag we could se another impulse and this could complete the ABC correction with support in between fibo 78.6 ans the trendline.