240 ABCD with a Crab inside
Hello,
There is a lot going on here. We have an ABCD pattern That gives us a Harmonic move, entering at the 127.
Stops are above the red line, that is a high point on the daily chart.
Inside this pattern we have a Crab pattern with good Ratios and confluence of entry, with a 161 and 127 of the ABCD
RSI is approaching over bought. and if I am looking at this correctly. It could be the 5th point in an Eliot wave marked with arrows. This I am not to sure on.
Let me know what you think.
Good luck.
There is a lot going on here. We have an ABCD pattern That gives us a Harmonic move, entering at the 127.
Stops are above the red line, that is a high point on the daily chart.
Inside this pattern we have a Crab pattern with good Ratios and confluence of entry, with a 161 and 127 of the ABCD
RSI is approaching over bought. and if I am looking at this correctly. It could be the 5th point in an Eliot wave marked with arrows. This I am not to sure on.
Let me know what you think.
Good luck.
Feragatname
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