This is an excellent shorting opportunity with over 1:3 risk to reward, don't miss out on this one!
The measurements for a valid are detailed below.
C: 1.13 - 1.618
D: 1.618 - 2.24
Final X to D: 0.886 - 1.13
The D point forms at a strong level of resistance, therefore it is unlikely this pattern will form at an X to D of 1.13.
This pattern could potentially turn into a in the near future, after a successful short.
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