Potential Bearish ABCD. This is almost an Ideal ABCD with all the ratio met with the standard requirements. If price continue to shoot higher on Monday, I will watch for the fibo level of 161.8 which a reversal may happen. If price rally up high to 161.8, I will adjust my entry to 127.2 Fibo Level.
If Monday price continue to go down, I will follow my current setup for my entry... =)
Cheers!!
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Zeheart
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yeah its roughly about 25 pips.. so are u suggesting should set stoploss higher or??