AB=0.78 XA
BC=0.88 AB
CD=1.6 BC
BC=0.88 AB
CD=1.6 BC
Comment:
target revision:
As long as it is not more than 220, it is suspicious of the head and shoulder pattern with a short-term target of 34$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with target 673$ and then falls to 17.5$. With the hammer candle, it created this week, the probability of the butterfly pattern being transferred to Cypher has increased.
As long as it is not more than 220, it is suspicious of the head and shoulder pattern with a short-term target of 34$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with target 673$ and then falls to 17.5$. With the hammer candle, it created this week, the probability of the butterfly pattern being transferred to Cypher has increased.
Comment:
sorry about my mistake
The butterfly pattern is the only harmonic pattern that corrects the AB wave by 78% of the XA wave. So the Cypher pattern is eliminated and Target 9 is here.
The butterfly pattern is the only harmonic pattern that corrects the AB wave by 78% of the XA wave. So the Cypher pattern is eliminated and Target 9 is here.
Comment:
The key levels on the path of 9
Comment:
today I noticed a big shark or cypher on the chart and changed my mind:
As long as it is not more than 200, it is suspicious of the head and shoulder pattern with a short-term target of 34$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with a target between 560 to 700 and then falls to 5$.