ETHUSD ABCD scenario possibility

A - B has to be 0.618 or 0.786 these are the most harmonic
AB 0.618 retracement = 1.618 BD
AB 0.786 retracement = 1.27 BD

So an ABCD scenario is possible
This would be the Bearish ABCD pattern

Trade stängt: Stopp nått:

selling started at the 0.618 fib retracement cancelling this idea see

Handel aktiv:

well they sold and then it rocketed to D point. I think now is a good time to take some profits TP before going forward

Trade stängt: målet nått:

Target was reached. To risky in my opinion to go long at this point