HSI SHORT TERM - BULLISH XABCD PATTERN (BAT)
Updated
Here is my first time in operating XABCD Pattern
Top and Bottom should be near to 0.886,
AB=0.5 XA (0.577) *** chosen
CD=1.618 BC (1.603)
CD=0.886 XA (0.885) *** chosen
BC=0.886 AB (0.886) *** chosen
Affirmed Point D, and already rebound to 0.382
Next Target 23231 (0.618) , 23375 (1), and final target 23608 (1.618)
Top and Bottom should be near to 0.886,
AB=0.5 XA (0.577) *** chosen
CD=1.618 BC (1.603)
CD=0.886 XA (0.885) *** chosen
BC=0.886 AB (0.886) *** chosen
Affirmed Point D, and already rebound to 0.382
Next Target 23231 (0.618) , 23375 (1), and final target 23608 (1.618)
Note
23231 was hit, see next 23294Note
nearly to 23375. beyond this level, next stop would be 23608.suggestion to take some profit first (half) and
wait around 23500 around (complete)
while drop back . 23231 (0.618) cut.
Note
It seems no direction after raised up from 6 Feb-7 FebI would tell you, HSI must reach to 1.618( 23600 )
Trade closed: target reached
Haha, sorry so my strong word "must"
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