Bear after EIA report (first reaction may be a little bullish)

The idea is on the chart
Perfect entry point would be 53.3x area
Stop 53.6
Target 49.2x (C of 5 = 1.618 A of 5)

הערה:

Now I'm pretty sure that we will have another up leg to 53.4. Yesterday's bounce was to short in time to be wave E, it could be only A of E. Also waves (A) (C) and (E) tend to last longer then (B) and (D) as they are actionary waves of the triangle.