Thought this was interesting. This AB=CD Pattern is now completing. The A-B leg is made up of 5 candles. The C-D leg is made up of 8 candles. 8 divided by 5 equals 1.6 which is a major fib level that lines up right in that zone! Coincidence?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.