After 70% impulse over the last week or so I expect a equally or worse brutal retrace. Top blue box indicates average time spent within price range. Previous downtrend broken on a fake bullish run. Formed new market structure while respecting new trend. Been bouncing bellow this darvas box and right now it is squeezing to the downside of the continuation symmetrical triangle.
2.5-3 RRR good chance it will happen!
EDIT: Bottom blue darvas box is bullish impulse so I expect to see price around that range if it heads to the downside.
Good luck!
2.5-3 RRR good chance it will happen!
EDIT: Bottom blue darvas box is bullish impulse so I expect to see price around that range if it heads to the downside.
Good luck!