Bearish Flag Pattern, and rising wedges. Bear Continuation

Forming a bearish flag pattern on H1/H2 & H4, pending completion wave 5 (which will be in the range of 47- 48.5). potential short area.
Daily chart and H8 forming a rising wedges.
Expecting big move down to reach 38.9 - 42. (this is based on the fibonacci level 161, and considering the flag pole retraction to reach the flag)

Yorum:

This analysis is backed by reduction in H4, H8 and daily chart Volume. a proof that there is a divergence between the volume and the price which is one of the bearish flag pattern requirements. this analysis is invalid if volume in wave 5 reach above 7 million