Ok so you may have seen me make some very bearish scenarios instead of very easy bullish signs like a couple ( RSI divs ) but my reasoning is below :

1.As a structure point of view if we had a wave impulse this could have been a running flat since we had a (WXY pattern) up but we didn't have a 5 wave structure down canceling out that scenario.

2. So why look at this as impulsive is the question, it's because we can't we can only question a corrective stance but that is my opinion.


As always these are my opinions. as always happy trading ; )