Price has now reached the bottom of the , I'm expecting price to breakout and hit the level at 17.40000.
If we see this move occur, it will more than likely be followed by a pullback to the providing us with an excellent area to short.
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
Keep an eye on this going into next week, I hope you all have a great weekend!
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