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DannyAus1
Aug 16, 2022 8:30 PM

FUBO WEEKLY HARMONIC Long

NYSE:FUBO1W
fuboTV Inc.NYSE

Description

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FUBO with a weekly crab harmonic PRZ around 3$ level
first trade at $3.80 C leg a smidge higher than ideal but fits the bill of a Harmonic Crab barring that,
Long @$3.80
T1 @ $15.03
T2 @ $22.74
SL (moved to entry following move up) @$3.80
Harmonic PatternsChart PatternsFundamental AnalysisFUBOfubotvStocksharmonictradersAMZNappleDKNGharmonicmoves
Comments
FlyingDutchman100
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i think that's a butterfly
DannyAus1
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@FlyingDutchman100, hi mate butterfly has 78% retracement for a B leg and PRZ usually between 127-161% fib,
can see crab is usually close to 61% for B and PRZ around the 161%
clickalgo.com/ctrader-harmonic-crab-pattern
FlyingDutchman100
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@DannyAus1, yes mate. the x is the march 2020 low the A is the dec 2020 high B is May 2021 low C is nov 2021 high and D is the july low. that's the butterfly.
CONative17
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@DannyAus1 current thoughts on FUBO?
FlyingDutchman100
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@CONative17, on the upside 32 then 51. on the downside 2.12
FlyingDutchman100
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@CONative17, opps sorry i saw a notification and thought you asked me lol
valuespotter
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LFG! The meteoric rise has just started.
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