AB=CD has been completed. Butterfly pattern has been completed. 0.618.
Sell limit at 78.70 Stop 79.10 Target 77.60
Hello Traders, Here we have a completion of a BEARISH Geo' at the exhaustion of the AB=CD pattern. While the underlying pair remains bullish, I expect a retracement to Geo's Off-Set Rule in Grey followed by a continuation in the larger, bullish trend. Best, Chartistry
I am new to trading. Please feel free to criticize in case anything is wrong. Follow your own plan, trade with care! Thank you. I just see the X/A Leg is not perfectly drawn.