Bullish crab formed here in daily time frame. It is satisfying all required criteria -
• B point that is a 0.618 retracement of XA or less. • Extreme BC projection that is typically a 2.618, 3.14, or 3.618. • Alternate 1.27 or 1.618 AB=CD pattern required. • 1.618 XA projection as the defining limit with the structure. • C point with range between 0.382 and 0.886
Also regular bullish divergence is seen
sl - 980 tgt1 - 1130, tgt2 - 1210
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big move today, up by 2.98%, closed at 1080
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after forming double bottom , price is moving up now
注释
also Inv HnS formed here,
注释
HnS tgt coming at 1165,
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Inv Hns tgt achieved
bullish crab tgt also achieved.
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1250+ levels looks easy from here,
next we ll observe the price action around the trendline resistance,