Looks like we located a potential market anomaly on the daily timeframe (bearish candle, bullish volume . There seems to be a reversal head n shoulders setting up here. Furthermore, this also looks like an "abc" corrective wave. The anomaly was located on todays daily candle close we have been down trending since April. Seeing how we just had a 1-5 wave structure, we may be ready for correction before price decides to retrace the highs. We have our stop loss set at 10%. Looking for price to test the low or surpass the low of wave 5 between 38% to 61%. The RSI and MACD are both matching the top side. Happy trading! Not advice. Only an idea.
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