The 12345 Elliot wave is failing to push us towards $7700-7800 as it should have. There was a resistance line formed long time ago at ~$7360, which became very strong with the recent ups and downs, which no TA seemed to notice. Even the grey all times minima line, which became supportive when we crossed it above, seems not to be strong enough to prevent the H&S forming. Also, the 2h MACD had a bearish cross since a while, and momentum is loosing.
I've exited, since I think we are going down again.