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HarmonicPitchforks
Apr 8, 2021 8:43 PM

Blackberry is a shark! Long

BlackBerry LimitedNYSE

Description

four targets possibility with shark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
CD=0.88 XA=$52
or
CD=1.6 BC=$59
or
CD=1.13 XA=$96
or
CD=2.24 BC=$193
Comments
Kbusa
Any chance you could do the same analysis for RKT?
HarmonicPitchforks
@Kbusa, I can't find meaningful history in the chart for wave analysis or harmonic patterns. just maybe trend analysis on the daily timeframe.
HarmonicPitchforks
@Kbusa, I do my best

wjscott66
Explain this if you have the time.. Please!
HarmonicPitchforks
@wjscott66, with the shark pattern, I gave you four targets. explain shark harmonic pattern or rhythm of movement to targets?
wjscott66
@manuchehr67, Both, please. What is the reality of these movements related to the timeline you have projected. Have you ever seen it be accurate?
HarmonicPitchforks
@wjscott66, I use these harmonic patterns at the end of wave C from the ABC correction of Elliotte and in waves 3 and 5 on a weekly timeframe to find rotation W and M points and calculate targets. I don't use these for trading. after analyzing the chart on a weekly timeframe with Elliotte and harmonic patterns I use short-term trend, Ichimoku, moving average, oscillators, and other indicators to trade.
HarmonicPitchforks
@wjscott66, These patterns are accurate because they have Fibonacci golden ratios and look beautiful in the eyes of traders.
cat_hat88
hope you're right.
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