Below previous support, now resistance, IF the price breaks up, it can forge this pattern; At the same time, the price is being rejected at previous support, giving signs of one potential downward move, or a trend continuation...
BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD