HUM My spring/summer alert led to a -35% price drop towards our pattern completion for the crab harmonic.
We have now bounced off the PRZ, and I'm targeting the 0.382 fib retracement @ 334.49.
Key resistance levels are:
249.47 (0.114 fib)
288.18 (0.236 fib)
334.49 (0.382 fib)
>334.49 we can then target the upper trendline (red), and the neckline resistance 409.36 for this possible "Shark" harmonic setup...
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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.