Extended D level possible. Waiting for a bounce to long.
Fast PA and nicely formed ABCD with ideal inner abcd of the
two legs. The early reaching of D level, signals possible
continuation to 127D or even 161D without any respect
of the D level at 106,80. With the top of the LT wedge
(white line) and the Median Pitchfork line (red line) ,
price is heading into heavy resistance turbulent territory.
To buy a bounce is preferred strategy from this extended
level.
two legs. The early reaching of D level, signals possible
continuation to 127D or even 161D without any respect
of the D level at 106,80. With the top of the LT wedge
(white line) and the Median Pitchfork line (red line) ,
price is heading into heavy resistance turbulent territory.
To buy a bounce is preferred strategy from this extended
level.
