Retracement from X to A using Fib Retracement, price hit 0.618 at 0.4553 price. Looks like a classic Gartley Harmonic forming. More info on Gartley https://www.investopedia.com/terms/g/gartley.asp
Will be interesting to see the volume profile as and if price moves to the down side target at D. That being, Volume, Value Area Low, and Point of Control.
Will be interesting to see the volume profile as and if price moves to the down side target at D. That being, Volume, Value Area Low, and Point of Control.