Hey Traders! We have here what looks to me as an end of an impulse wave, that has broken the upper structure and could possibly turn into a bearish move from here. In order to get into the market, ones must watch price action close to the purple lines, especially first one since it corresponds with fibonacci numbers.
//--Don´t fully take my word for it tho, do your own analysis and see what your gut says, get your head straight before trading. And remember, price does what it wants, does not own you anything !!--//