Wave C Down Trend

7 Mar 2018

Stoch RSI and MACD are 2 indicators have crossed over and headed to south. It confirmed sub wave (3) in brown of Wave C down trend. Upper blue trend line may form a support for sub wave 1 (light blue). Look for target retrace 0.618 of sub wave 1 (light blue). Wave (3) brown is the most powerful down trend that we can take profit.