Let's see if there is any justice in charts :)
Following harmonic from zoomed in chart below, it has chances to make another leg down and reach 0.786 of CD at 116.00. This TP corresponds also with -1 Fib level of the last drop from 118.00 and is symmetric to leg down from point D. Ideal entry zone is marked red, but I'm willing to enter even lower n case it will never pullback to there. Let's give it some time, today is anyway lazy day.
1h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Following harmonic from zoomed in chart below, it has chances to make another leg down and reach 0.786 of CD at 116.00. This TP corresponds also with -1 Fib level of the last drop from 118.00 and is symmetric to leg down from point D. Ideal entry zone is marked red, but I'm willing to enter even lower n case it will never pullback to there. Let's give it some time, today is anyway lazy day.
1h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Note
Also not valid anymore.
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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.
Related publications
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.