1. a D in point A 2. a HD in point B IF HD is formed at point C (which is forming) and break out the red line in bellow point B It is expected to drop to 1.5Fibo point
we have D in A and HD in B, also break the trendline if break this red line, it is expected loss to 355.99
It happened, price broke out the blue line, But, we have an important area (purple). ! EMA240 is an important support line.
For the second time in the uptrend it has HD, which makes it 0.6
It has HD in MACD Break Out EMA240 In terms of technical analysis, it is at the bottom of the canal