Maybe point A of the retraction wave is too low and it bounces of the 1279 support to go to point B before dropping to C. If that is the case then I think point C will be near the 0.764 fib level instead of the 0.618 fib level. We will have to see!
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.