btcusd. short term upside.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
at market gartley advanced formation.
Trade closed: target reached: both targets reached.
This pattern was found by the MPS-v5.5 pattern recognition software:

A huge discount is coming. Get ready. It starts on the 1st of April.

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Awesome !
@bitcoin, yep, it worked nice
Nice chart Alex, was wondering if it's worth researching harmonic patterns to supplement elliot wave analysis. Thanks.
Alexander_Nikitin HyperionAllied
@HyperionAllied, harmonic patterns are based on Elliot zigzag corrections.
Any update as the target is reached? Thank you for the charts it helps a lot.
@mroug, you are welcome:) The was an update: "both targets reached."
Learn more!!!
This bat form is formed from top to bottom, not from the bottom up!
@SRNOSTRADAMUS, ahaha, what a nonsense. neither you nor the author of the article you linked to have a slightest idea what is a harmonic approach. i advise you to contact a founder and a creator of harmonic approach, Scott Carney. you can drop him a private message here on TradingView as well. or use the contact information from his official website:
Scott Carney found my research work on bat patterns interesting:
by the way, note that the setup on the chart is not a harmonic pattern but an advanced formation. i know that it will tell you nothing but still...
+2 Reply
Nice chart. Does these typically work on BTC?
@hubavka, yep. it works on every markets.
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