Looking at the 240 on this pair, I am guessing we are in a complex corrective pattern. If this is true, then the next leg could be upwards to finish the C wave which is part of the higher degree B wave. Thats the bigger picture from what I see.
Hi in my view it has one more drop it will be high likely very slow ,
Divergensity
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@I-Fund-Trader, Thank you for that. I see what you are saying.. there is no drastic move yet signalling the possible start of the C wave. Cool, Thank you for your time!
I-Fund-Trader
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@Shredskin, Yes this is moderated view as you would like to see in Trend line based system