Lower lows and lower highs, trend still firmly down, unable to sustain any rally above .382
Potential entry that will allow adding to core short position. as we have 4 numbers converging
.382 last move @ 8217
.5 from low (18th) @ 8208
1.272 @ 8217
AB=CD @ 8180
stop above 1.618 (8380)
Target 1 - 7980 Stop to entry
Target 2 - TDB
Target 3 - 2460
RR high, potential ab=cb structure to $2000 area
Potential entry that will allow adding to core short position. as we have 4 numbers converging
.382 last move @ 8217
.5 from low (18th) @ 8208
1.272 @ 8217
AB=CD @ 8180
stop above 1.618 (8380)
Target 1 - 7980 Stop to entry
Target 2 - TDB
Target 3 - 2460
RR high, potential ab=cb structure to $2000 area