Price bounced nicely off D, 1st target it 38.2. I would probably wait for price to give a higher low before getting long.
Once price gets there I would move stop to breakeven, reason for this is if pattern does not "work" in the sense that price does not take out A. Then price could go down to 1.272 ext to form a Butterfly.
Once price gets there I would move stop to breakeven, reason for this is if pattern does not "work" in the sense that price does not take out A. Then price could go down to 1.272 ext to form a Butterfly.