seems like the ABCD pattern shall formed at 78.6% due to heavy price action that invalidated the 61.8% retracement.
I shall wait for the pullback around 61.8% (if any).
If this fails, the second safety net is the 78.6% fibo level before the uptrend.
I shall wait for the pullback around 61.8% (if any).
If this fails, the second safety net is the 78.6% fibo level before the uptrend.
