Pink Bat pattern "ignored", we have a new Higher High and now we are on a retracement to test the previous structure.
Two other patterns appeared, an eventual bullish Cypher and another bullish Bat pattern, let's see wich one of those the price will respect, IF=THEN.
BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB (close below point A)
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Safe Trades,
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.