Price has broken upward trend and is consolidating. Fib level .382 has been tested twice, price might go for a re-test or continue moving up. Currently, there is no clear entry signal. It's important we keep both options open and closely observe price action and the TDI indicator for entry points.
Look for buy or sell set-ups depending on whether the price bounces off or breaks out
D leg has completed and the price is currently in a critical zone. Watch for sell opportunities and use Fib levels as TP points. Upward price action will invalidate the idea. Good luck!
Wait for the price to complete the D leg of the formation. Then short and take profit at your Fib line of choice. Price action in the opposite direction of or beyond point D will invalidate the idea. Good luck!
Price is on its way for the completion of the Bearish Butterfly and ABCD. Just an idea, no trade signal.