2-Day Perspective XABCD Pattern with Fibo ratios

13 déc. 2021

Hi traders. This Is my overview for a hypothetical price action for this trend and the next two days based on the Fibonacci ratios principles in a possible ABCD pattern. Therefore, in this scenario, we're in an BC retrace by the next ten hours which anticipates an CD upward to finishes a BEARISH Gartley Pattern XABCD, which a previous rule Is an AB swing retracing either 68.1% of the XA swing. Furthermore, CD swing Is aiming the potencial reversal zone PRZ (51-52k range) at supply area (above 52k). Patience Is needed for a confirmation. I marked this sector in grey to indicate a don't-trade zone. A long opportunity Is possible through the CD trend. Thanks for the attention.☕ If you liked my analysis, press like button.

13 déc. 2021

Note