WXY completed. Waiting for a move down

2019-12-11 15:02:53

This is a clear sell structure. What is strange - the whole impulse on a daily timeframe seems incomplete from the wave analysis perspective. May be, it will be clearer at a later structure phase.
Anyway, price is at the weekly resistance, where the whole move up should lose its momentum.
I am shorting into a deep correction. So far the move delivered what I was expecting earlier.

In the next post will visualize my thoughts with respect to the higher timeframe