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!
Comment:
Comment:
looks like short move is going on now. Check the divergence too!