ARC Bullish Reversal? Perfect Harmonic Setup + Break of LHs

#ARC has been in a downtrend, but a perfect harmonic pattern has now formed on the 2H timeframe, signaling a potential bullish move.

Key Bullish Signs:
✅ #Harmonic Pattern Completion
✅ Bullish Divergence on #RSI
✅ Break of Previous #LHs (Sign of Reversal)
✅ Strong Support Zone Identified

🔥 Trading Plan: Long at CMP with SL below the harmonic low. TP1, TP2 and TP3 marked on the chart.

💬 What do you think? Are we ready for a bullish breakout? Drop your thoughts below! 👇👇

Trade active

Trade is active, and 1st TP also hit, U can close ur trade on 1st TP and If u want to continue the trade so move ur SL to break even and wait for the final 3rd TP.

Note

If anyone miss this trade, ARC have retest the 0.26200 - 0.23800 level. u can rebuy on these level. and wait for the 2nd TP.

Note

ARC still have potential to touch the TP-3, if it break the 0.35100 level.

Note

As I mention, ARC retest the 0.26200 level. now it touch this level and move to uptrend. enjoy the best entry price and trade.

Note

2nd TP Hit. If u still hold the trade, move ur TP at 0.4550. and SL at 0.2565. This trade is 100% in profit. Enjoy the Trade.

mudusir

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

mudusir