BA broke that downtrend, it tested that 4HR DEMAND [167.15 / 169.99] and pushed up and is currently testing that 4HR SUPPLY [173.98 / 176.69]
here is what i am thinking, if BA pushes past 175, it will head over to test 178 but if this does not and rejects that supply and retracement zone [61% fib level 175.27] i see it a continuation to the next leg down 161.48 to fill that 4HR GAP 160.28 / 163.33. It will need to break those support zones
support zone 171.53, 168.12/52, 164.56, 160.98
resistance zone 178.19/97, 182.86, 186.91, 188.43
here is what i am thinking, if BA pushes past 175, it will head over to test 178 but if this does not and rejects that supply and retracement zone [61% fib level 175.27] i see it a continuation to the next leg down 161.48 to fill that 4HR GAP 160.28 / 163.33. It will need to break those support zones
support zone 171.53, 168.12/52, 164.56, 160.98
resistance zone 178.19/97, 182.86, 186.91, 188.43
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