Hi all,
Development of two harmonic patterns.
The butterfly pattern (in pink), to me, is more attractive because it suggests bearish trend is still intact. @ 1.11 we have several indicators for a good selling opportunity.
However if market decides to roll over, I will see to it that this bearish channel holds.
Laurecen
Development of two harmonic patterns.
The butterfly pattern (in pink), to me, is more attractive because it suggests bearish trend is still intact. @ 1.11 we have several indicators for a good selling opportunity.
However if market decides to roll over, I will see to it that this bearish channel holds.
Laurecen
Note
Invalidated gartley +Note
inside cd leg.
Trade active
INTERMEDIATE TRADE ACTIVE: minor correction appears to have found support. Anticpating CD leg completion.
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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.