From left to right:
. ABC correction completed;
. New impulse with an AB=CD pattern completed and also a Bearish Bat pattern with target at 38.2% and 61.8% retracement;
. Inside a corrective structure (pink channel) and i believe we are inside the wave 3 of a 5 waves impulse that will end near to previous high's. @445$;
. There's also a few Bull's waiting the Cypher to get completed @415$ (blue)
Note: attention the default ratios for wave 3 at 161.8% extension of wave 1 ;) and in that case i'm expecting an bearish rsi divergence on tops.
Safe trades;
open.spotify.com/track/0baZKQBd7l8S2b4gkkbXae
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Related publications
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.
