Been a trying trade. "Support" zone tested all day yesterday. Just when it seemed failure was imminent, the 78.6% retrace of wave 1 held. That was my limit for wave 2, and remains my stop on this trade. Over 8.82 we may have something going. Over 7.48 I'll be pleasantly surprised. Stalling below there (in the old (iv) zone) will have me taking profits and reconsidering the pattern.
