Short
CTAG bearish harmonic bat pattern
There is a risk CTAG needs a two wave correction lower from the June highs. The sharp reversal at the 0.886/2.618 Fibonacci target at 6.5 is the most likely fibonacci confluence level for a lower high and a second leg lower. Close below 5.6 confirms and targets 4.75 and 3.70
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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.