Long
PLTR - CRAB Harmonic Pattern TP-1: OK, Next ? TP-2
As Crab harmonic pattern rules, D point (BC Fibo Ext 261.8%-) was point to take an appropriate long position.
TP-1 = 25,09 (CD Fibo 38.2% ) - Taken.
TP-2 = 30,48 (CD Fibo 61.8%) / %19 profit if the stock maybe goes up
Crab Harmonic Patterns rules
B Point = Crab pattern begins with an impulse leg / XA Fibo =38.2% <78.6%
C Point = AB Fibo 38.2% - 88.6%
D Point= BC Fibo Ext 261.8%- 361.8%
TP-1 = 25,09 (CD Fibo 38.2% ) - Taken.
TP-2 = 30,48 (CD Fibo 61.8%) / %19 profit if the stock maybe goes up
Crab Harmonic Patterns rules
B Point = Crab pattern begins with an impulse leg / XA Fibo =38.2% <78.6%
C Point = AB Fibo 38.2% - 88.6%
D Point= BC Fibo Ext 261.8%- 361.8%
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