A - B has to be 0.618 or 0.786 these are the most harmonic
AB 0.618 retracement = 1.618 BD
AB 0.786 retracement = 1.27 BD
So an ABCD scenario is possible
This would be the Bearish ABCD pattern
AB 0.618 retracement = 1.618 BD
AB 0.786 retracement = 1.27 BD
So an ABCD scenario is possible
This would be the Bearish ABCD pattern
Сделка закрыта: достигнута стоп-лосс цена:
selling started at the 0.618 fib retracement cancelling this idea see
Сделка активна:
well they sold and then it rocketed to D point. I think now is a good time to take some profits TP before going forward
Сделка закрыта: достигнута тейк-профит цена:
Target was reached. To risky in my opinion to go long at this point