JUST A THING I AM WATCHING GUYS, COULD HAPPEN, COULD NOT.

I WILL WAIT FOR THE MARKET TO SHOW ME WHICH DIRECTION IT WANTS TO GO AND THEN DECIDE IF i ENTER THE TRADE OR NOT BUT THIS IS THE SCENARIO I WOULD LOVE TO SEE.

BTW. WE COULD POTENTIALLY SEE THE LAST LEG TO RETRACE BELOW THE 61.8 WHICH IS MOST LIKELY BUT IN THAT CASE THE SCENARIO IS STILL VALID JUST THE ENTRY POINT WILL CHANGE. PICTURES WILL FOLLOW IF SO.

HAPPY TRADING GUYS!

Comment:

THIS IS THE OTHER OPTION THAT COULD OCCUR.