A pin bar is seen so it can be treated as point C and a dump after it can be seen for a sign of reversal.
As the retracement is actually smaller than 0.618, it can be treated as a potential bat pattern hence it could be a good idea to first short, then long it according to the pattern.
As the retracement is actually smaller than 0.618, it can be treated as a potential bat pattern hence it could be a good idea to first short, then long it according to the pattern.
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