Chfyen looks like it has incomplete WXY upon WXY. Looking for a larger corrective structure for an "X" wave and then possibly another sell down. This smaller structure trend line should complete this small wxy, but that may break out so keep that in mind. It is coming off the 50% fibonacci fib and it seems like it is making a swing pattern to go down more, but if that's the case, then it should be a nice buy first. Could possibly break the 112.00 level before next bigger drop.
Comment:
Oh yeah.. Updates. I fail at that regularly because you guys don't pay me enough. LOL. But it extended, never gave a sell setup (even though I posted the scalp on linkedin). Still buy position running. Can be a leading diagonal to go up, but not a good pair or place to be entering a trade in my opinion.