Hi All,
Expecting a slightly further move up towards 138.4 - 138.8 before falling further.
We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement.
In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8.
In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down straight from open.
Have a feeling it's going to test that area or higher again before the drop.
Expecting a slightly further move up towards 138.4 - 138.8 before falling further.
We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement.
In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8.
In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down straight from open.
Have a feeling it's going to test that area or higher again before the drop.
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Short entered
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Another entry for a short coming up.
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Pull up and then drop
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