guys please comment on my idea. is this a legit analysis or not. feel free to correct on an orderly manner. just trying to improve my trading skills and knowledge!
in my perspective i see that there is a possibility of forming a bearish crab pattern.
whitin the crab pattern we can see there is an ascending elliot wave forming what can be seen as an indicator the crab pattern is forming
if this is really happening that would mean point D will be a strong resistance en point A will be a strong support
in my perspective i see that there is a possibility of forming a bearish crab pattern.
whitin the crab pattern we can see there is an ascending elliot wave forming what can be seen as an indicator the crab pattern is forming
if this is really happening that would mean point D will be a strong resistance en point A will be a strong support