After price raised in RBR manner we usually expect retracement to the base. Corrective structure is ABC thats why I'm expecting failed chOch for the bears and another chOch for the upside marked with purple arrows.
After 3 weeks of gains now it's time for a pullback or trend reversal. I see more upside potential than downside risk at the moment. 2769$ level should hold to confirm my analisys.My TP is 3840$.
