Here, we have a bullish bat pattern with a potential bearish bat pattern on it's back. The bearish pattern indicates a price move up to 16 dollars. I've also included the extension level for an alternate bat pattern here at 20 dollars. While I doubt price will head there, I included it in the case that a squeeze or news of some kind pushes price up more violently. The fractal retracement indicates an entry price from 2.04 - 2.01, while the harmonic retracement indicates an entry a 1.99. I always round up a penny on these since they can be very precise. I would scale this entry with graduated buy orders from 2.04 to 1.98. Good luck, trade safely, and let's make that money at the REAL reversal zones!
Komentar
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To be safe, here's what you should be shooting for off the price reversal, the 0.382 and 0.618 retracement; however, remember that price could go further if the pattern described in this idea holds:
@RonaldoBui, I understand there is a rs, so these prices will be different, afterwards.
CJS04
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lol... i cant
Antikythera_Mechanism
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@CJS04, you can't what? You can't draw anything but trendlines. I know, I saw, it's pathetic. How can you suck that bad yet have such an arrogant tone in all your charts and on your profile? Feel free to exit this discussion thread immediately, since you have nothing substantial to offer anyone.