Corrective Structure to Bear Continuation

Last Trade day, we were in a corrective Zig Zag structure, looks very Bullish, but stochastics on multiple time charts support going down.

The whole corrective structure in itself respects the 78.6 retracement area, along with a double top reversal pattern on the top.

So while a lot of people were thinking reversal and bull, in reality we were within a correction structure.

For those who understand pattern cycles, after corrections are continuation.

Expecting to possibly see 1.83 and 1.82 levels into next week.

Happy Hunting