Potential Bearish ABCD
. This is almost an Ideal ABCD
with all the ratio met with the standard requirements. If price continue to shoot higher on Monday, I will watch for the fibo level of 161.8 which a reversal may happen. If price rally up high to 161.8, I will adjust my entry to 127.2 Fibo Level.
If Monday price continue to go down, I will follow my current setup for my entry... =)