Short interest is a tad over 8%.
This is not to the EL level.
This is close too a stop level which is under C.
The pattern becomes invalid if price goes too far under C.
D is the target which is a fib level of the AB leg.
This pattern will reverse if D is reached.
Any pattern can fail/No recommendation.
Dashed line indicates I am not sure that leg has completed.
This is not to the EL level.
This is close too a stop level which is under C.
The pattern becomes invalid if price goes too far under C.
D is the target which is a fib level of the AB leg.
This pattern will reverse if D is reached.
Any pattern can fail/No recommendation.
Dashed line indicates I am not sure that leg has completed.