Good spot for a bounce attempt

22 Ara 2015

There's some good symmetry (time & price) & a couple of patterns trying to play out here. If we hold above the low from 12/14 for a nice move up, with possible rejection points along the way. For support, the green line must hold for a potential new pattern to come into play. for resistance, watch the B points of the patterns as well as the extensions (in black). I have target above that but let's take one step at a time.

23 Ara 2015

Not

I had to adjust the bullish patterns to the new low, but they both still fit as long as point A isn't breached.

23 Ara 2015

Not