WSBP Crab Pattern
Just an idea, where in fact I only started learning technical analysis credit to a good friend of mine.
Just leaving a mark here and let the future me do some throwbacks when i want to in the future, I hope this crab pattern will do a good one for me
2 requirements of crab pattern have been fulfilled:
AB = retrace between 0.382 - 0.618 Fibonacci Retracement of XA leg;
BC = minimum 38.2% and maximum 88.6% Fibonacci retracement of AB leg;
Target price is exactly around 1.618 fib of XA leg
With the recent news: market.bisnis.com/read/20210107/192/1340156/wsbp-bakal-dapat-sentimen-positif-dari-proyek-waskita-terregra
Now just waiting for the breakout. Let's see how it goes
Any inputs is very much welcomed
Just leaving a mark here and let the future me do some throwbacks when i want to in the future, I hope this crab pattern will do a good one for me
2 requirements of crab pattern have been fulfilled:
AB = retrace between 0.382 - 0.618 Fibonacci Retracement of XA leg;
BC = minimum 38.2% and maximum 88.6% Fibonacci retracement of AB leg;
Target price is exactly around 1.618 fib of XA leg
With the recent news: market.bisnis.com/read/20210107/192/1340156/wsbp-bakal-dapat-sentimen-positif-dari-proyek-waskita-terregra
Now just waiting for the breakout. Let's see how it goes
Any inputs is very much welcomed
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.