#GNT Golem Crab Pattern in play after completing Bat Pattern.
Golem just gave point D of Bat pattern, which targets on short side are the purple small boxes and dashed lines. We did reached first targets, can't say if we will reach 2nd before reversal for it's original form - uptrend.
Once we reversal for uptrend we already have Crab pattern in play and should be heading to Point D (on chart) - expect volatility as this pattern is know by that.
There is no time frame, all will depend on market conditions.
PS: The small purple boxes and dashed lines also work as entry for this play, you'd like to see a reversal on there, or somewhere around there.
Golem just gave point D of Bat pattern, which targets on short side are the purple small boxes and dashed lines. We did reached first targets, can't say if we will reach 2nd before reversal for it's original form - uptrend.
Once we reversal for uptrend we already have Crab pattern in play and should be heading to Point D (on chart) - expect volatility as this pattern is know by that.
There is no time frame, all will depend on market conditions.
PS: The small purple boxes and dashed lines also work as entry for this play, you'd like to see a reversal on there, or somewhere around there.
Comment:
#INVALID
Hypothetically point C could be this new low since the wick crossed .886% fib but the candle didn't, still waiting for next few days to be sure, it won't change much or nothing at all.