Currently, the pair has completed its XAB move and the CD leg formation is the process.
Based on the retracement at point B, the expected pattern upon its completion is a bearish Gartley pattern.
The PRZ is as seen in the attached chart. Upon a test of the entire zone, a short can be executed in the direction of the primary trend with a more ambitious target since the trade will be done in the direction of the primary. If price fails to test the PRZ and declines ahead of it, the pattern will be invalidated.
13 Oct 10, SGT 12:04
The potential bearish Gartley is invalidated as the point C was breached and price has continue to move in the predominant trend.
Therefore, we will have to wait for another pattern to form.
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