ON THE NASDAQ 100 CHART, THERE ARE A HARMONIC SELL PATTERNS IN A BULLISH TREND CHANNEL(HARMONIC PATTERNS RELATIVE TO THE TREND),WHEN U LOOK AT THE CHART ABOVE ,THE FIRST PATTERN WAS A DISTINCT BEARISH DEEP CARB WITHIN THE CONSTRAINTS OF AN ESABLISHED BULLISH CHANNEL COMPLETED NEAR THE 1.902 XA AT 13880
ALTHOUGH THE PATTERN YIELDED AN INITIAL REVERSAL , WE WAIT THE SECOND PATTERN TO BE ONE OF THE BEARISH CARB PATTERN OR MORE LIKELY BEARISH DEEP GARTLEY WITH 88.6% XA IS COMPLTE AT 13700, IF IT IS A BEARISH CRAB (EXTENSION STRUCTURE) THE COMPLETION POINT WILL AT 14900 OR MAYBE EXTEND TO 15400, AND THE PATTERN ACTS AS DISTINCT CONTINUATION SIGNALS OF THE PREDOMINANT BULLISH TREND
NOTE: MANY KNOW THAT THE COMPLETION POINT OF GARTLEY AT 0.786 XA BUT IT COULD BE EXTENDED TO 0.886 XA AND THE PATTERN IS CALLED DEEP GARTLEY