We are close to 61.8 of the move from A-B. Should price bounce from here, along with the break above B, price may end up retracing close to 1.338/9x.
This will fulfill a bearish Gartley pattern. However, if price does not retrace from here and continues lower, it may be an AB-CD wave down.
This will fulfill a bearish Gartley pattern. However, if price does not retrace from here and continues lower, it may be an AB-CD wave down.