Short

ATOM showing a W followed by an M pattern

Updated

as we can see on the chart price is forming harmonic patterns one after another, both on higher time frames and lower time frames.

I'm expecting a drop from the daily resistance zone.

please like and share this idea.

NFA DYOR

Note

we want to see a daily close below 7.77 for assurance that this analysis is valid. right now i think the probability is around 65%

Note

a daily close above 8.23 would complicate the analysis. I personally would close 50% of the position if this happens.

Trade closed: stop reached

karisma_619

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