The over all bearish trend still prevails...
The B point reversal will test the validity of the analysis, in breach of which will become invalid..
I am expecting the back outline Bullish Deep crab to take effect, as there is a support at that predicted B point...
The plan is to short as high as possible and keep averaging, to ride the CD down leg...
Discalaimer..this is an attempt to prediction of possible harmonic formation... not a trading/investing advice...
The B point reversal will test the validity of the analysis, in breach of which will become invalid..
I am expecting the back outline Bullish Deep crab to take effect, as there is a support at that predicted B point...
The plan is to short as high as possible and keep averaging, to ride the CD down leg...
Discalaimer..this is an attempt to prediction of possible harmonic formation... not a trading/investing advice...
Note
all patterns invalid
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.