The long-awaited Deep Crab Pattern in SNAP post-ipo is here!
We are hitting the PRZ today = establishing The Terminal Bar!
We look STARTING TOMORROW for execution confirmation.
Utilize RSI reversal trigger AFTER this drop stabilizes.
HARMONIC PATTERN TIP:
The Crab/Deep Crab Pattern employs a 1.618XA measure but is frequently exceeded. I add a 1.902 "LAYERED" XA extension to gauge the "overspill" action.
In this case, I am looking in the larger 14-15 area - NOT JUST $15 as mentioned in earlier posts. This is a great opportunity for a post-ipo entry into SNAP.
More to come...
We are hitting the PRZ today = establishing The Terminal Bar!
We look STARTING TOMORROW for execution confirmation.
Utilize RSI reversal trigger AFTER this drop stabilizes.
HARMONIC PATTERN TIP:
The Crab/Deep Crab Pattern employs a 1.618XA measure but is frequently exceeded. I add a 1.902 "LAYERED" XA extension to gauge the "overspill" action.
In this case, I am looking in the larger 14-15 area - NOT JUST $15 as mentioned in earlier posts. This is a great opportunity for a post-ipo entry into SNAP.
More to come...
