the big Gartly pattern(blue) indicates another pattern in it self as the Butterfly pattern (orange).
and it has an overlapping on a historical resistance at 1.13600 $.
as i see ! (my idea looks a little [ [ [ [ [ [ ]]]]]] )
1- the big Bat pattern is completing at the fib.ret.78.6% of x to a , and fib.ret. 261.8% of c to d.
2- at the same measure i see an Elliot wave and its correction wave , and its correction wave .
3- the head and shoulder has been appeared and completed as well .
4- in the RSI index i see a divergence...
FX:EURUSD
Potential Bat harmonic pattern is forming as i see the Chart ;
there is a good overlapping of the fib.ret. 88.6 (X to A ) and the fib.ret. 261.8 (B to C ) and the price level of (1.08000).where the price could turn up and rally till the first Resistance point : {fib.ext. 38.2 (C to D )} ; and then it can rally more till the next Resistance point...
as my opinion ;
i see a elliot 5 wave starting from january 2021 and ending right now and the price is rising up for creating the ABC wave .
and i see a bearish crab pattern appearing from 24 nov 2021.
and it has formed the pattern at fib.ret. 161.8 (x-a) and at fib.ret. 261.8(b-a) at the point.
if i am right , the price will fall down to the first resistance at...
i see a rising flag starting from 21 of september till today , and i see a three drive pattern is happening right now (ABC_CDE_EFG), if i adjust the fibonacci expantion of the first peak (ABC) compared to the secound peak (CDE), i see the fib.exp. 127.2 and if i want to find where the third peak (EFG) would end this rally ,i assume at the 127.2 fib.exp.of the...
