Just playing with Harmonics and looking forward
Bearish shark up to 14.6k, get our pullback and if we hit the 50% retrace and backtest the macro pattern we broke out of, could reverse for a Bullish 5-0 .
Just something to ponder.. good idea for targets upcoming, as well as where a great entry will be in the future. Remember this is on the weekly & we are in a bull trend where Bearish patterns have been UNDERPERFORMING.. massively.. Really not ideal to try and trade this far out.. but just gives you an idea of how market participators could be interpreting things
Just something to ponder.. good idea for targets upcoming, as well as where a great entry will be in the future. Remember this is on the weekly & we are in a bull trend where Bearish patterns have been UNDERPERFORMING.. massively.. Really not ideal to try and trade this far out.. but just gives you an idea of how market participators could be interpreting things
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