AI
Friday, May 18, 2018 2:04:34 AM
LABU Crab pattern.
http://www.profitf.com/articles/forex-education/harmonic-pattern-crab/
The crab pattern does allow for a 1.61 extension of XA, however it does meet the 2.24 extension of BC and it came within .01 of an AB=CD as well, and it has a negative divergence with price and RSI
This is everything I see in the chart, my usual clutter.
Shark pattern and targets. I like this web site for it's measurements and targets for each of the Harmonic patterns
http://www.profitf.com/articles/forex-education/harmonic-pattern-shark/
Just some back testing on the shark pattern
http://www.profitf.com/articles/forex-education/harmonic-pattern-crab/
The crab pattern does allow for a 1.61 extension of XA, however it does meet the 2.24 extension of BC and it came within .01 of an AB=CD as well, and it has a negative divergence with price and RSI
This is everything I see in the chart, my usual clutter.
Shark pattern and targets. I like this web site for it's measurements and targets for each of the Harmonic patterns
http://www.profitf.com/articles/forex-education/harmonic-pattern-shark/
Just some back testing on the shark pattern
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