abcd in development?
It seems that it is worth for a short position in this partycular moment. Stop loss above HH and tp ab=cd.
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Trade active
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Very crucial candle. If it will be the closing lower than 0.618, it's ok, if not ,it will be better to close our positions manually. Do not forget, in a long term , the trend is bullish.
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After All, the target remains the same but with a different pattern(?)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.