PRICE ACTION AT IT'S FINEST
A CLOSE BELOW MINOR SUP ZONE WOULD SOLIDIFY THE 3RD TRENDLINE BOUNCE.
POTENTIAL HANGING MAN / TWEEZER TOPS
WE MAY NEED TO RETEST 1178.5 BEFORE WE COULD CONTINUE THIS UPTREND AND FINALLY BREAK THIS COUNTER TRENDLINE. UNTIL THEN I'LL BE LOOKING FOR SHORTS UNLESS THE CORRECT PRICE ACTION PRESENTS ITSELF.
FIRST TARGET THE RETEST OF THE...
We've had a break out of the inner trend line, closed my buy positions.
Potential 3rd touch of trend line to put in a new lower low.
Targeting -27% fib D extension depending on price action, but at the very least targeting the retest of the broken inner trend line