ABC cypher pattern: BC=1.13 AB C-3=1.27 BC 3-4=0.38 2.3 4-5=1.6 3-4
Shark harmonic pattern: AB=0.38 XA BC=2.6 AB CD=1.6 BC
end of the 5th wave is near.
I trapped in the 2st wave but you have the 3rd wave!
The dollar index could rise to 96 by the end of August but then fall to 80. Therefore, the end of August is the time to get a long position in the stock market.
the shark harmonic pattern gives us the targets of ABC correction.
in the path of the slide must retest key level of the Fibonacci
3-4 wave=0.38 2-3 wave 4-5 wave=1.6 3-4 wave AB=1.6 4-5 wave BC=0.38 AB CD=2.24 4-5 wave
shark pattern: AB=0.61 XA BC=1.6 AB CD=1.6 BC or 2.24BC DE=0.38 CD or 0.61 CD
shark harmonic pattern: AB= 0.61 XA BC= 1.6 AB CD=1.6 BC or 2.24 BC DE=0.38 CD or 0.618 CD
shark harmonic pattern: AB=0.38 XA BC=2.24 AB *invalid* CD=1.6 BC or 2.24 BC DE=0.38 CD or 0.68 CD
It has the cypher harmonic pattern on the 5th wave and could drop to 0.4 or 0.27.
revision of time analysis. I love to forecast bitcoin chart :D
We are at the end of the 5th wave
shark pattern: AB=0.38 XA BC=2 AB *invalid* DC=1.6 BC or 2.24 BC DE=0.61 DC
AB=0.78 XA BC=0.88 AB CD=1.6 BC
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$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with a target between 560 to 700 and then falls to 5$.
AB=0.61 XA BC=0.78 AB CD=1.6 BC