I´m riding this down to the lower trend line of the rising channel. I wouldn´t be surprised if it happened today, which would currently mean a drop to 30.35 and which would also make a nice double bottom with the low we seen on 06/10.
Although less important it´s also worth noting that there is an ABCD intraday on the 15 mins, that also brings us to the exact same entry price (31.4 - 30.7 - 31.05 - 30.35).
From there i will go long until we get another test of the weekly bearish trend line.
Although less important it´s also worth noting that there is an ABCD intraday on the 15 mins, that also brings us to the exact same entry price (31.4 - 30.7 - 31.05 - 30.35).
From there i will go long until we get another test of the weekly bearish trend line.