Good evening ladies and gents, Beam is looking so beautiful. You had a bearish cypher that is now forming into a potential Bullish Butterfly. The confluence on this chart is just out of this world. That PC(zone) of the bullish butterfly lines up with the 2.618 at critical support and the 1.618. This is an area where price reversal could occur. We'd need to retrace just a little bit more before selling off to these prices so we can form 4 hour Bullish Divergence. I think this is an amazing trade set up looming. But that Teal range is where I am looking for reentry. All three of my previous targets have been hit on Beam and I have taken complete profit at the top. Now we are hoping for a reentry in the teal zone. I am big on witnessing two harmonics and or cyphers combined. It's just so beautiful. It really is. The divergence played out perfectly at critical areas of resistance. Seems like the end of the world for beam, but it really isn't. Just give it a little time.
Entry range between .5607 and .5327 cents.
Exit Targets are at Wave B, C, and A
Stop at .4841 cents (You could raise it slightly higher)
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Entry range between .5607 and .5327 cents.
Exit Targets are at Wave B, C, and A
Stop at .4841 cents (You could raise it slightly higher)
Join our Free Telegram Channel: t.me/ChArtWorks
We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.
Subscription options are $15 a week, $50 a month or $500 a year. These are extremely cheap options compared to most other premium groups! We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups."
50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.