Jay_MTF

AB=CD Pattern in Play with Fib Confluence?

NYSE:SNAP   Snap Inc.
5
Looks like a Daily ABCD Pattern could be unfolding. Price looks like it could be in the D leg. Looking for first target to be the 62% of the AB swing and the second target to be the 50% Higher Time Frame Internal Retracement followed by the 62% Internal Retracement and AB=CD Projection.

Looking for a retest off the 38% AB swing or the 10 EMA for a bounce then enter off a Lower timeframe pullback.

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