160.20 held and now we have completed wave c of B and we are now in wave C of the ABC correction. . .
Should see price held on down to 155.60 area with a minor stop at 156.30/60.
I'm expecting a bounce there before we head down to break the shampoo neckline to our target of 152.80, then 151.40 area. . . Break there and we see a full retracement back down to 146/143 area. . .
See chart. . .
Have a gd weekend all. . .
btw: This is the same chart I posted at the beginning of last week with retrace back to 160.30/50 area then down to 150 min. . .