We have Lower High that could be Wave 2 of 1. Also a RSI divergence, MACD is going lower and a big wick at the highest candle of 6:45pm. I believe this is an high quality setup
I see the same ^^ and also spoted a huge and small H&S
Salmin
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Why are you thinking it will drop to $17?
JJFF21
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@Salmin, Excelent question !
17$ would be the Fibonacci extension of Wave 1 in the case my idea is right and we are entering a new Elliott Wave sequence. Didn't draw it on my chart, it was already a bit full