It is just a rough future prediction since price has not stalled out at C point yet, which could be anywhere 1.618 - 2.24 range . As this moment the newest upper trendline plus channel is very important, a flag pattern usually sign as trend continuation pattern.
Since daily crab pattern 1.618 held the lower side, the precentage is still on the upper side
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.
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.