The ABC portion of this pattern was forming nicely. Once point C was established the move to point D has become quite sloppy, although none of the pattern rules have been violated. Price action did tag the 1.236 fib retracement but given the rising RSI channel I do not think the move is complete.
Please let me know what you think. I am new to trading and any advice would be helpful.
Thank You
Please let me know what you think. I am new to trading and any advice would be helpful.
Thank You