First of all I think price will drop to B (78% of XA) due to bearish rectangle pattern then will rise to C (61.8% AB) and then will drop more to D and finally it's going to complete our Bullish Butterfly pattern and AB=CD.
Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can take buy limit on B and sell limit on C as well as buy limit on D ( above of D we have strong support zone and It's so possible to see that candle's shadow will kiss our D and price will close on support line) for amazing long term position.
We will see about that!
Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can take buy limit on B and sell limit on C as well as buy limit on D ( above of D we have strong support zone and It's so possible to see that candle's shadow will kiss our D and price will close on support line) for amazing long term position.
We will see about that!
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