We have some major rejection from the 20 EMA on the 4hrly forming a bearish flag
The daily has not managed to confirm the hammer and we are starting to see some rejection
A downward break of the flag will lead the price to fall to the green region of support
here is a potential count for the correction
There is a probability for a c wave forming however it might not and bear market correction might have already complete
once again watch the global market cap there is still potential for a multi week bear market to 170 bln. It is possible however a minimum target is 320bln.
