This is an A-B-C-D chart pattern.
A-B leg completed
B-C leg retrace between 38.2%/61.8% fib
C-D leg should equal A-B leg
Target is either 1. equal to A-B leg 2. Equal to bar pattern copy
Stop loss above C candle
A-B leg completed
B-C leg retrace between 38.2%/61.8% fib
C-D leg should equal A-B leg
Target is either 1. equal to A-B leg 2. Equal to bar pattern copy
Stop loss above C candle
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