first of all, it's isn't handle of the cup so don't be greedy
crab harmonic pattern:
A1B1=0.38 XA1
B1C1=0.88 A1B1
final target of crab=1.6 XA=$3.64 *reached*
bat reversal scenario with the 4th and 5th waves of Elliott:
3-4=0.5 Y-3=$1.2
4-5=0.88 3-4=$3.5
other harmonic patterns for reversal point of the 4th wave of Elliott:
crab, cypher, shark:
3-4=0.61 Y-3=$0.9
butterfly:
3-4=0.78 Y-3=$0.6
crab harmonic pattern:
A1B1=0.38 XA1
B1C1=0.88 A1B1
final target of crab=1.6 XA=$3.64 *reached*
bat reversal scenario with the 4th and 5th waves of Elliott:
3-4=0.5 Y-3=$1.2
4-5=0.88 3-4=$3.5
other harmonic patterns for reversal point of the 4th wave of Elliott:
crab, cypher, shark:
3-4=0.61 Y-3=$0.9
butterfly:
3-4=0.78 Y-3=$0.6
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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.