On a road to 8300+$

Morning everybody,

It seems that our trading plan is working and here is minor add-on to the one that we've said yesterday. Today on daily chart we've got bullish engulfing pattern as BTC moves higher.
Thus, we expect some upside AB=CD pattern that should finalize our upside retracement and put the start then to major downside swing.

The only concern that we have is placing of "C" point by far. I draw it a bit lower, in this case AB=CD ends right at 8300$. But, if upside action will start from higher level - adjust "C" point and
calculate the target by yourself. There will not be vital difference.