Price Action - 2-Day Perspective Part 2
Hi traders! 'morning☕🌽🥓🥓
Thais Is a 2nd Part of my price action analysis in a macro weekly time frame to spread metrics ir Fibonacci Retracement ratios on fue expected correction from this so-called Crab Harmonic Pattern. It's a XABCD '222' Gartley's pattern. The expected symmetry of two waves A-B-C-D in the stablished rule AC : CD Is not perfectly but fits exactly at 61.8. A precise 61.8 percent B point retracement ir fue X-A leg Is a rule to looks for identifícate a Gartley Pattern. In a simple perspective we expecting a final fall below 40k after a possible Had-and-Shoulders in hourly period.
The link for the Part 1 from BTCUSDT:BINANCE Is below.
Thanks for your attention!
Thais Is a 2nd Part of my price action analysis in a macro weekly time frame to spread metrics ir Fibonacci Retracement ratios on fue expected correction from this so-called Crab Harmonic Pattern. It's a XABCD '222' Gartley's pattern. The expected symmetry of two waves A-B-C-D in the stablished rule AC : CD Is not perfectly but fits exactly at 61.8. A precise 61.8 percent B point retracement ir fue X-A leg Is a rule to looks for identifícate a Gartley Pattern. In a simple perspective we expecting a final fall below 40k after a possible Had-and-Shoulders in hourly period.
The link for the Part 1 from BTCUSDT:BINANCE Is below.
Thanks for your attention!
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