Price has completed a full ABCD pattern from Sep 2012 and also a minor ABCD with 161 extended D-point. Since the price has been attempting to reach targets. First target was the full swing CD move of minor ABCD. The technical target hasn't been reached yet (1,0790). One scenario is more bullish. Since price completed the large ABCD prematurely w a fast latter CD leg, there is some chance for an ext D-point. Yet, w three failed attempts to breach 1,12 level finishing with a marked wash & rinse, chances are that the minitarget of the large ABCD will be reached. Thus, looking for weakness on this bounce around 1,1020/1,1085 levels is my main idea, aiming for 1,0580 (Technical minitarget of large ABCD) or 1,0650 (the full swing minitarget).
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