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as we can see that double top is in making break of 1249 will take us to the 0.23 fib level retest of neckline and then to the final tgt that is 0.382 fib level that is 1140
just noticed how the perfect bearish cypher harmonic pattern completed on jubiliant food daily chart , also setting up a bearish crab in the process !!!
when the trendline breaks , a buy position could be considered with stops below the last swing low and targed for 1350 where AB = CD completes !
Bearish Crab harmonic pattern on Jubiliant Foodworks daily chart ?
AB = CD forms beyond X , so definitely it is a crab pattern. if point B breaks , the pattern will be validated...
A Double bottom has formed which is a good signal with MACD showing buy signal