Price found resistance at Tuesdays highs
and fell down to the D extension. We now have a new AB swing in play. The deep
bounce and support at the D extension might be indicative of a base staring to
form. A clear break of 3135 will confirm this. No trade setups at present, even
if price falls from current levels we will then just wait for a new B to form.
Will be going long if:
No trade setups at present, stand aside.
Will be going short if:
No trade setups at present, stand aside.
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