As you can see I am patiently waiting for a breakout confirmation to the down side. refer back to July 19 2019 for a similar chart pattern.
wait for a breakout below the yellow support zone which will then become the new resistance zone for a short position.
Target is at the 261.80% fib level.
may take up 2-4 wk for everything to play out.
Good Luck.
wait for a breakout below the yellow support zone which will then become the new resistance zone for a short position.
Target is at the 261.80% fib level.
may take up 2-4 wk for everything to play out.
Good Luck.