AB=CD is completed at 1.61419
1.61917 - 1.61409 is important resistance zone for price
Looking at lower timeframes ( 4H-1H) watch for price action, such as:
Bearish candlesticks: Bearish Engulfing; Inside Bar or Pinbar
Patterns: Double Top; Range; structure pullback + 618
Take Profits: 1.59458 / 1.58061 / 1.56157
Stop Loss: 1.62300
1.61917 - 1.61409 is important resistance zone for price
Looking at lower timeframes ( 4H-1H) watch for price action, such as:
Bearish candlesticks: Bearish Engulfing; Inside Bar or Pinbar
Patterns: Double Top; Range; structure pullback + 618
Take Profits: 1.59458 / 1.58061 / 1.56157
Stop Loss: 1.62300
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