Will BNBUSD Complete his ABCD pattern ?!

By 18/10/2021 - BNBUSD has completed his C point, which is the higher low. From the Fibonacci retracement, the price already hit 0.786, which means it already passed 0.618. There is a higher low so assume and sure if it is making a bullish trend and my target price, for now, is $573 and can get more higher until $636 (1.618)both prices is already made a new higher high and will make the complete ABCD pattern. Be aware there is a resistance in B Line point.

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There is a small sideway detected now. based on history price if there is a small sideway the price will be going down for a moment and my target is the first green line.

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BNB already break the resistance which mean there is possibilities if the price will going up and we wait for the first correction before entry

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BNB reach $550 which mean $30 less from target

Trade closed: target reached

Congrats for the 32%

folound

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folound