$ETH has a daily inside bar break high at the golden ratio/ 618 fib level ( also the 1.272 ext of first wave lower) ideally a break high and hard drop i would have interest in a long off 786 trigger of this cypher pattern. WIth price action only. Please note highlighted structure lining up with 618 fib level, it can make a move from here.
Price action to look for is always as follows = Pin bar , engulfing bar or inside bar . In addition a 2/618 double bottom or low time frame harmonic.
Price action to look for is always as follows = Pin bar , engulfing bar or inside bar . In addition a 2/618 double bottom or low time frame harmonic.
Yorum:
$XRPUSD = Harmonics in action, Gartley then cypher off lows
Yorum:
Perfect example of a 2/618 double bottom w neckline, 618 also had inside bar before nice 65% move wo a downtick
Yorum:
Apologies on fib level from above, I forgot to anchor it to the high after checking the B retracement, This is the correct levels. 886 can still trade and be valid as the cypher can turn into a Bat pattern