The price may break 1.272Fib, but cannot touch the previous low in the least - a blue line - should the pattern hold good.
I have bought at the price of 360 to a full extent with leverage, and am presently sustaining loss. But i am going to wait until the price reaches 2153 Yuans, were I to liquidate my position.
- Update. The pattern is still vaild. The price has not touched 2153 Yuans - a blue line which is a previous low.. Though it has gone so far as 2158 Yuans, technically that does not mean the pattern has been invalidated.
I still remain expecting a market, and do not liquidate my long position.