With a valid C leg complete, I am now looking for price action to make a 786 retracement from the XC leg to form a valid D leg completion.
We're coming up against previous structure resistance, which should become support. A nice Risk/Reward at 1.48.
@AkilStokesRTM - what do you think? I know this is old, but just testing my knowledge. A valid 2618?
Potential shorting opportunity based on a .618 retracement on the 4-hour chart.
