Disliked{quote} Yes it is: possible space down to 3074* zone if new gap not retraced quickly *3074 being the last of the visible weaknesses left downside and the bottom of an old double pass pit gap. Possible target sequence (if new gap not filled): 3146 (already taken out) 3138 31263 31163 31025 and then 3074 Instead if gap filled and acceptation obtained above yes pit low 31755 then all the way back to the weak triple Tokyo top at 32273.Ignored
Now, consider that pit session is attempting a breakout downside from balance as 31263 is the low of the first pit week in which the last one is included: so acceptation below this level is fundamental in order to evaluate the success or failure of this attempt. In case of failure we could retrace the entire pit balance up to 3227. Instead in case of success we could continue lower to 3074.
Ubi maior minor cessat