pattern on Daily time frame is almost complete. This seems like a counter-trend trade, since the main trend is still bullish
. Due to the trade setup being on Daily chart
, stop loss is above 100 pips. Can wait for a deeper D point completion to reduce the amount of risk involved. We do have an exact 78.6 and 127.2 ratio confluence. Please Trade with caution. See the chart for trade setup.
Trade safe and Good luck to all !!