Daily bat short still on for TP2 at around 1.1050. Could be a good long from there based on weekly structures...
1.11255 is 0.618 of last move up, we about tested that today..., new AB=CD could be forming and thus eventually bearish 3 drives pattern close to 0.382 retracement of monthly/quarterly downtrend...
1.11255 is 0.618 of last move up, we about tested that today..., new AB=CD could be forming and thus eventually bearish 3 drives pattern close to 0.382 retracement of monthly/quarterly downtrend...
Commentaire:
Strong rejection! AB=CD may be on, looking for longs on pullbacks next week...
Commentaire:
Trendline broke to the downside...