Continuation
Analysis:
-4hr AB/CD termination ,followed by short term pullback to Continuation zones
-broke daily resistance expectation .now price finding support at that point
expectation :
price to retrace to this level followed by a continuation after the NFP release
Confluence-
-38% AD leg
-127% ab/cd extension
-pivot
-daily support
-78% CD leg ( demand zone )
-4hr ma rising into confluence zone
Pattern confluence
-Harmonic- bat
-4hr AB/CD termination ,followed by short term pullback to Continuation zones
-broke daily resistance expectation .now price finding support at that point
expectation :
price to retrace to this level followed by a continuation after the NFP release
Confluence-
-38% AD leg
-127% ab/cd extension
-pivot
-daily support
-78% CD leg ( demand zone )
-4hr ma rising into confluence zone
Pattern confluence
-Harmonic- bat
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.
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.