Entry from below this price to the 0.886 level designated on chart. Exit at the completion of 0.786 retracement/1.272 extension level. Good luck, trade safely, and let's make that money!
would this now not be in play given continued downward movement?
Antikythera_Mechanism
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@HassiOnTheMoon, If it breaks down passed the previous low, it will likely head lower and this pattern will have failed; however, if it bounces here, we can see this pattern complete before it heads lower. I'd watch for another reversal here to see some candles breaking upward. If there aren't any signals i.e. candle stick reversal patterns, macd, or rsi, then I'd call this pattern a bust.