After breaking through the EMA
can be seen as a falling knife. Typically, the actual downwave will reach down to the min. correction fibo @ 98,95. Here a counterove could start with TP = BO-Level = 111$.
Trading above 111-115$ would be a great bullish
Signal. TP1:119 / TP2: 135
Trading below the 38,2 means aiming 86,93$
Watch the RSI
, he is near a buying signal