The new harmonic pattern found: Bearish White Swan Pattern [.618/.707/2.0/.707] on EURUSD H1, April 23, 2021; and support/resistance levels are: X; A; B; C; D.
Bearish White
Swan Retracement
Tolerance
#1
0 – Additional special clearance
1 – Pesavento pattern
2 – Gartley pattern
1 – Pesavento pattern
Bearish White Swan Retracement
XD= .618
AB= .707
BC= 2.0
CD= .707
Bearish White
Swan Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish White
Swan PRZ and Target (TP-Take Profit)
PRZ= XD .618; CD .707
Target= .382
Price
Range
#1
1.20947 < Range of the prices D
< 1.20997 (price range= 50 pips)
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| Bearish White Swan Pattern #1 |
