On a 30 minute chart I would rarely buy at the high, so its just as hard to do it on a monthly chart. Not much of an Elliott
player, but a simple sideways move would not be out of the question.They do say that the B wave is always the sucker play. Its always hard to buy at resistance unless you have tested the level at least 3 times. It would be easier to bounce from here or at least go through as a breakout fakeout possibly up to the 2.618. Looking for a strong reversal pattern on the daily chart
through the month of december or early Jan. Not trading advice just an observation.