@manuchehr67 (Thumb up first !) Is it possible the reversal point is lower than $1.82 (like today a surprise ~ a huge daily red bar ~ drop to 1.0+) ?
HarmonicPitchforks
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@lillychiu, thanks for your thumb :D
yes, it could be. the target is a zone, not a point. harmonic patterns are just an idea that gives the vision to use Fibo levels. the target also could be higher and could test other levels of Fibo. here could be the end of the 3rd wave of Elliott and after correction of the 4th wave, we could talk about the target of the 5th wave.
Varun333G
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Sir, this is toooo complicated, would you mind simplifying it a bit. Thanks for your work
HarmonicPitchforks
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@Varun333G, of course. ABC correction has formed a shark harmonic pattern. this pattern has a target of $1.8. this target is a rotation point and could retrace %38 or %61. the target of these corrections is $0.55 and $0.26.