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adambiers
Nov 26, 2016 3:40 AM

ABCD, Trading within structures parameters Short

Microsoft CorporationNASDAQ

Description

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!
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