OK traders Time to focus on the structure!! There are two patterns I see in the making an abc -flat which means we could go more down or a triangle which could go up for the d leg. In the case of a flat I would sell ONLY after a corrective pattern on lower degree (correction) If it break to up side I would be buying to the top of triangle. BTW did I happen to mention in my webinars, that the news is a small spike on in the bigger structure? :)
Trade with care , use good MM .
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