- good reaction off lower parallel support
- price to encounter resistance in the form of descending trend line + FIB levels
- target resistance at upper parallel of descending pitchfork formation
- bounce invalidation is a break below lower parallel (blue)
- price to encounter resistance in the form of descending trend line + FIB levels
- target resistance at upper parallel of descending pitchfork formation
- bounce invalidation is a break below lower parallel (blue)