A nice counter coming. 127.2 and 78.6 line up!!!
AB=CD Completes at 0.786 level but Price action has touched the 127.2 level twice before and gets major rejection every time. So to better the RvsR I will enter @ 127.2 level.
A chance to get short here again.
Retracement already started! short to 38.2 for target 1/ 61.8 target 2
Great chance to go long for a 3to1 RVSR
AB=CD Complete just past 1.414 ext(CD Move)/ retracement just past 38.2(AB move) Target1 taken from AD move 38.2/Target 2 61.8 retracment level.
A good chance to go long back to .382 for first target and .618 for second target
Wait until Pattern completes @ 127.2 fib ext level. Enter next bar on bear trend @ Market