cypher or shark harmonic pattern:
AB=0.38 XA
BC=1.41 AB or BC=1.6 AB
tp1=0.88 XA=$2.43
tp2=2 BC=$2.66 *more likely*
tp3=2.24 BC=$3.97
tp4=1.13 XA=$5.12
minor resistances:
R1=$1.25
R2=$1.48
R3=$1.64
R4=$2.11
R5=$2.8 *cypher reversal*
R6=$3.47 *shark reversal*
AB=0.38 XA
BC=1.41 AB or BC=1.6 AB
tp1=0.88 XA=$2.43
tp2=2 BC=$2.66 *more likely*
tp3=2.24 BC=$3.97
tp4=1.13 XA=$5.12
minor resistances:
R1=$1.25
R2=$1.48
R3=$1.64
R4=$2.11
R5=$2.8 *cypher reversal*
R6=$3.47 *shark reversal*
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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.