B Point has slightly exceeded 61.8% and hence the pattern doesn't comply with textbook Cypher rules. Around 9600 is point D.
As long as lower trendline holds, set up remains valid
May not be a text book WW
Price seems to be taking support at the channel top after breaking it, but is facing resistance at the downsloping trendline.
@crucial trendline resistance
A pullback may be due
Price at Lower median line of the schiff PF. High risk long can be initiated with SL below 8470.
possible AB=CD leg on downside. Need to see price action if gap filled.
Seems like having taken support at PF, ready for a run up.
Near PF support
Break of 8730 should foster the case