FX:SPX500   S&P 500 index of US listed shares
50 3 3
bear deep crab appeared on monthly chart . levels down - 1st-1823 ( shark ), 2nd-1575( shark ).

the most difficult think is to change the way of trading on trend change.
I see short term targets like h@s and crab (1990), larger h@s (1940) and etc, but think it's better
not even try to trade any bounces from these levels. I suppose down speed will be great this time.

so, hold short.
NikhilMulley
2 years ago
what levels would defy or invalidate this pattern? I have been waiting to see the chart take reverse immediately but seems like there are still few bars after the pattern..so is the pattern complete?
Reply
julia17 NikhilMulley
2 years ago
till 2140 (1.618 fib) it is active and it is completed now.
Reply
Mr DL
2 years ago
Yep, I think we go down for 2 days
+1 Reply
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