TAcharts

Possible Deep Crab overriding Dual AB/CDs

CBOT:S1!   None
In a prior post, I outlined dual AB/CDs (+ alternate) for a PRZ,
which Beans reversed at as anticipated. In reviewing this,
I see Beans have moved back up towards the PRZ. In
analyzing this, I believe a Deep Crab pattern development
may be overriding the move down I was looking for. For
anyone who may have shorted in the area of the PRZ of the
prior post, I would provide this post as an alert.

The Beans PRZ is comprised of:
1. XD of 1.618
2. BC of 2.24
3. ABx1.272=CD
4. .618 retracement of prior larger move down
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.