hold short with target 1184. it played bounce on bullish gartley from 1243, so will go test 1236 (bat), then 1206 (butt) and finally 1184 (crab), from which a big bounce may happen to 1260-1270 zone.
Comment
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1236 - bat pattern, may be some bounce to 1243 may happen, but no wish to play it, so hold short and wait 1185.
Trade closed manually
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take profit on 1211.butt done.
Comments
RogerS
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The big bounce might happen even on the butt formation. Angry bulls (banks, etc.) will place long term positions non stop.
julia17
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may be, let's see
RogerS
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anyway good analysis ! we need to place the platform to fly somewhere. I'll keep looking the PA. :)