Look at this 4 Hours chart. From this current formation, I expect it form the right shoulder and the next round fall starts, which can easily breach the monthly low. Expect the complete cycle to happen- That is making of the right shoulder and breach of the neck line in the next 24 hours.
Remember, this is a calculated guess and in reality it may vary.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
