Hello & welcome to this analysis
A deep 6 months correction lead to the formation of a Bullish Harmonic Crab pattern in March 2025 post which during accumulation (consolidation) phase formed an Inverse Head & Shoulder.
A 38% retracement of the bullish harmonic pattern has been done and now its completing a pullback of the IHS breakout by retesting the neckline.
Potential upside levels are 145 and 160 for both the IHS & Bullish Harmonic Crab
All the best
A deep 6 months correction lead to the formation of a Bullish Harmonic Crab pattern in March 2025 post which during accumulation (consolidation) phase formed an Inverse Head & Shoulder.
A 38% retracement of the bullish harmonic pattern has been done and now its completing a pullback of the IHS breakout by retesting the neckline.
Potential upside levels are 145 and 160 for both the IHS & Bullish Harmonic Crab
All the best
Trade active
1st target done
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
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Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
Related publications
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.