The move CD should be an extension of 1.13 to 1.618 of AB.
Point D should be a 0.786 retracement of XA.
Which perfectly match with the well established support at 8900-9300.
If this play out, it would be a nice opportunity to go long.
Point D should be a 0.786 retracement of XA.
Which perfectly match with the well established support at 8900-9300.
If this play out, it would be a nice opportunity to go long.