The measurements for a valid are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
I'll be expecting price to stall out once it reaches the D point, keep this setup on your watch list.
Connect with me on social media for more trading inspiration :)
This structure provides an excellent entry point for anyone who missed out on the initial drop.