At left side ABC pattern was completed which gave us that Elliott Impulse for completion at top, now we got a Double Top with 2618 setup
- double top
- measure impulse
- retracement at 0.618
- TP at -0.27 and -0.618 Double Top + 0.618 = 2618
I expect price to be bearish at this point.
Good Trading. -Daily Chart
Price reacted exactly at 0.618
Good Trading. -4h Chart
Inside consolidation in 4h Chart
Trade closed: target reached:
-1.618 has been reached!