As you can see, we have a Shark Harmonic Pattern that has formed in the hourly timeframe. Although you could find plenty of Harmonic Patterns, but you have to learn how to choose your points and legs correctly.
Point X was a start of pump phase after the price has been in a consolidation area that has been highlighted by the Volume Profile. The Volume Profile has given us some sort of a zone of volume and a POC (Point of Control) that we later see the price has deflected from.
After waiting for a price action in the PEZ Shark, I entered a long position and the targets for the Harmonic Pattern are in Green (3 Take Profit Levels).
I expect the price to pierce through the Trend Volume and reach the Take Profits Targets.
This is my first ever idea, do let me know if you want to see more and your support is much needed :) THANKS!
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