The pattern ab=cd is completed. There is also a negative divergence in MACD. At least we will have a drop to the bottom of the channel.
Trade closed: target reached:
After the price corrected 50% of the cd path and then moved up.
The next price target of the 1.97470 range, prz, will be a larger pattern from which a sell trade can be entered again.
The next price target of the 1.97470 range, prz, will be a larger pattern from which a sell trade can be entered again.