- We have a nice resistance above previous 4h candle, also previous support; - Point C with a target around the bottom of the consolidation "box"; (it can create a nice r/r option to buy) - Eventual pont D ... IF forged, can "give us" a new Lower High and other option to sell with friendly r/r.
Eventual Bearish Cypher:
Point B: 38.2% to 61.8% XA Point C: (LONG) 127% to 141% ext XA Point D: (SHORT) 78.6% XC Target: TP1 38.2% CD TP2 61.8% CD