The new harmonic pattern found: Bearish TOTAL 2 Pattern [1.0/.786/.382/1.618] on EURUSD H4, May 25, 2021; and support/resistance levels are: X; A; B; C; D.
Bearish
TOTAL 2 Retracement
Tolerance
#1
2 – Gartley pattern
2 – Gartley pattern
1 – Pesavento pattern
2 – Gartley pattern
Bearish TOTAL 2 Retracement
XD= 1.0
AB= .786
BC= .382
CD= 1.618
Bearish
TOTAL 2 Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish
TOTAL 2 PRZ and Target (TP-Take Profit)
PRZ= XD 1.0; CD 1.618
Target= 1.0
Price
Range
#1
1.22269 < Range of the prices D
< 1.22747 (price range= 478 pips)
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| Bearish TOTAL 2 turned into Bullish AB=CD Pattern #1 |
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| Bearish TOTAL 2 Pattern #2 |
