Looks like leg AB held the .38-.50 fib. If leg BC goes above previous high we might have a cypher pattern
Cypher pattern
If leg BC holds below the fib .886 we might have a crab or bat pattern forming which would take the price down and retest the old support/resistance around 300
Pretty risky at this point to speculate one way or the other. IMHO
could still go either way. Have a great weekend.
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