in my opinion it will be swinging until the 1.17000 resistance because we are on the 4th wave(alternative rule) so after it you should get on the 5th impulse wave(buy time!) on 1.17000= 1.there is a static res 2.dynamic resistance 3.pivot res 4.price action resistance 5.time zone resistance(Time analysis) 6.hidden divergence 7.we should wait for the descending of momentum than buy .. if the trend have passed the 1.17000 res it would retrace until 1.14500 .. take care of time zone res
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