BINACOM IBULLISH ABCD HARMONIC PATTERN

Wave XA retracement to B (0.350) is in-between fib618-786 levels and the rebound failed to cross fib382 (0.400) thereby retracing to 0.280 (also the 52wl) to double-bottom and forming an AB=CD bullish harmonic pattern. To enter trade, the probable EP would be 0.290 to retest a demand zone and the probable TPs are 0.325 (daily pivot point), 0.365 (fib618, R1 and also yearly resistance), 0.400 on touch-point (fib382 and above 0.395 yearly resistance). The probable CL would be at 0.250, ie, below S1.