This is great stuff, text book ABCD pattern. Leg CD underway
For this pattern to be valid we need point C not to close above the 78.6% retracement of AB. Remember Point C can extend beyond the 61.8% retracement of AB but no candle should close above the 78.6%
For this pattern to be valid we need point C not to close above the 78.6% retracement of AB. Remember Point C can extend beyond the 61.8% retracement of AB but no candle should close above the 78.6%