Almost An Ending Diagonal Or 3 Drive Or Measured Move ???
Whatever the final labeling there should be one more
upside move as it seems incomplete. If the bottom channel
line is broken all 3 ideas are gone.
So, the 3 drive triggers @ .9570
the ED and measured move @ . 9595 area
which is also the .618/1.618 fibs and last gasp of resistance.
the bottom line is this price action is corrective, not impulsive
so trend continuation to the downside should resume somewhere.
upside move as it seems incomplete. If the bottom channel
line is broken all 3 ideas are gone.
So, the 3 drive triggers @ .9570
the ED and measured move @ . 9595 area
which is also the .618/1.618 fibs and last gasp of resistance.
the bottom line is this price action is corrective, not impulsive
so trend continuation to the downside should resume somewhere.