hi
h1 pattern wolfi wave - ab=cd
[B]result :[/B]
:21:
In weekly time frame we can see a harmonic pattern. Given that point b is placed between 2 level of 78.6% and 88.6% , not only there is a probability of forming a butterfly pattern, but also a deep crab.
Currently, according to a failure of reaching to 88.6% level, we do focus on butterfly pattern. Between Jan. 25th – Feb. 22th the time will be fulfilled, and we will be looking for to go short in the market if a reasonable trigger to be seen.
It is mentioned in H4 time frame there is probability of a negative divergence.
