Yuba_Tamazgha

2 Bearish harmonic patterns emerged

Short
FX:SPX500   S&P 500 Index
Bearish Crab (Purple) and a Bearish Buttlerfly (Aqua) has formed on SPX 500 CFD. For conservative traders, taking the butterfly pattern for 2 targets at the 38% and 68% level and no further than $1885..Strong support on the daily at X I will be taking the Crab pattern. The crab pattern is not only visible on the 4hr chart but on the daily as well.

Trade at your own risk
Let's see what happens

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.