Price formed a valid C point at the minimum 1.618 level and is now heading towards completion at D.
The measurements for a valid pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
I expect price to stall in between 50% and levels, this is a key area of resistance and most likely where price will reverse.
I hope you all have an excellent week and safe trading!
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