Good evening and Happy Thanksgiving,
We have a potential Bearish Shark Harmonic on the daily time frame. That being said, we are showing Strong Class A Bearish Divergence on the 4 hour time frame. I am not sure on how much selling off that will result in but we definitely have have the possibility of running up on the daily time frame between the .886 and 113% retrace inside the Blue zone. This is where major price reversal is probable.
I'd like to state that FOXA has made it's first higher high through out the trend. We still have other highs to break of course. FOXA has broken out of a down trend we've been in since Inception.
Fib Retracement from ATH's to ATL's also brings us to the .618 that coincides perfectly with the .886 in the harmonic which is also the start of the pc(zone) of the Bearish Shark.
Short Entry between $37.25 and $38.81 - (being the safest entry).
Stop depends on the entry, but with an entry at $38.81, a stop at 40.01 would be ideal.
Exit targets are between the common retraces but also at Wave B at $34.72
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Tag: 2183371567
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We have a potential Bearish Shark Harmonic on the daily time frame. That being said, we are showing Strong Class A Bearish Divergence on the 4 hour time frame. I am not sure on how much selling off that will result in but we definitely have have the possibility of running up on the daily time frame between the .886 and 113% retrace inside the Blue zone. This is where major price reversal is probable.
I'd like to state that FOXA has made it's first higher high through out the trend. We still have other highs to break of course. FOXA has broken out of a down trend we've been in since Inception.
Fib Retracement from ATH's to ATL's also brings us to the .618 that coincides perfectly with the .886 in the harmonic which is also the start of the pc(zone) of the Bearish Shark.
Short Entry between $37.25 and $38.81 - (being the safest entry).
Stop depends on the entry, but with an entry at $38.81, a stop at 40.01 would be ideal.
Exit targets are between the common retraces but also at Wave B at $34.72
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 prices are $99 a month, $499 for 6 months and $999 for a year. 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 along with education." Don't let the prices scare you, we give TA free too! But the most benefits are in the Elite Channel.
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.
Feeling generous and wanting to show us love and support? Donation addresses are listed below
$Usdc: 0xe3b95b4575d6456D090ac24Ad4DC8D46C9c97b2C
$Bitcoin: 3Jg9ng234aJdgz3zzt3iCyeb124eAmKs5N
$Ethereum: 0xd251Cc3b78e92191B5dEC4E0D2f2acDCa5B33599
$Litecoin: MRHupJeTegPM2a8AJewC3B1oqq7Mpjr1MK
$Xrp: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
Tag: 2183371567
$Bat: 0x9b95E0Bd4556dbb0b407B32f43B923607b896F48
$ChainLink: 0x559d92B08D72Fe20B0aF063ebE59ead6612c2b00
$Dash: Xq5kCnMknHrknC2ipw1JGuRcdbDtbTSqWU
$Beam: 553e2b176e611674559f92b8fa10f5d129bd80acd14fb5f8d6e387ab4f0b281144
$XMR: 4DSQMNzzq46N1z2pZWAVdeA6JvUL9TCB2bnBiA3ZzoqEdYJnMydt5akCa3vtmapeDsbVKGPFdNkzqTcJS8M8oyK7WGj2kh3ajCzSUSAQTr