A valid pattern has fully formed with a 1:2 risk to reward.
The measurements for a valid are detailed below.
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
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Once we reach this price level I would advise moving your stop loss into profit or closing your position to secure around 2%.
The B point has proven to be a key level of resistance, we need a clear break above this level in order to achieve our targets.
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