Possible abcd pattern formation. If we break it goes to target 1.272 fib extension then it could be supported by the weight of the sellers. Otherwise if we do not break resistance we expect some signal to go short, this invalidates our ABCD
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for me this is a little bit pullback before the continuation of trand so i put a sell stop under the yesterday low
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the continuation of trand it' failed so put a sell stop under the previus swing it was a good idea now menage the position
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patterntrader
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Top-notch trade setup. I have to confess that charting is a skill. Hope things transpire well. Continue your good work and thanks for sharing it.