On the way down to ‘Sweet Spot?’
1. 78.6 off 1-2-3 predicted top.
2. Predicted W-PP was just a few pips lower allowing a W-M3 predicted zone before pivot update.
3. W-M3 ended up being the top.
4. W-M1 next?
5. Many reasons for support near W-M1 if price fall there.
6. Divergence stayed in play as MACD crossed ‘0’ line.
7. Price has still not broken out of longer term range so watch this weeks zone as resistance as well (not shown)
8. Lets see what price will do for the next 2 days?