Short-term analysis at PRZ of a long-term bearish gartley (DJI)
Updated
broke down from a rising wedge pattern yesterday too... bearish divergences...
Just a quick update to the chart I posted earlier this year(see related ideas).
Just a quick update to the chart I posted earlier this year(see related ideas).
Note
Also, after eyeballing this as a probably bearish harmonic yesterday, I just made sure that was the case... a perfect bearish shark.Note
My "educated guess" prediction I made sometime last week just worked out well :) Very nice to see as cryptocurrency HODler that's dying to get into stocks/forex once bitcoin finally moons along with the stock market bear market. So here's a new inverse H&S pattern with a target very close to the rising wedge target from mid-September that was never hit(and matches up with the lower points of the bearish shark I pointed out in the previous update).Note
It tried to find support at my trend line but just formed a bear flag(which it broke down from a few minutes ago)...
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.