Price has hit a new high recently. PA has been rejected so far at the resistance and is still trading within the ABCD structure. We know resistances are meant to be broken :) but we could see a bearish bounce if price is rejected at 1.272 extension! Waiting to see what happens! Create a plan, and trade it! Always demo before going live, and ask questions! Would like to hear some opinions! Thanks for checking out my idea!
Note
Note
looks like short move is going on now. Check the divergence too!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.