Possible AB=CD pattern
This "fits" really good as wee can see the possible AB=CD pattern forming with the D precicely at the supply level and at 50% retracement.
the characteristics of a AB=CD is that they are extremely bullish or bearish depending on direction,
that is why I think this could be a AB=CD pattern and that it "fits" makes it better,
it looks to be a very good short trade if price will ever get there.
the characteristics of a AB=CD is that they are extremely bullish or bearish depending on direction,
that is why I think this could be a AB=CD pattern and that it "fits" makes it better,
it looks to be a very good short trade if price will ever get there.
Penafian
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