ABCD Ext harmonic pattern is active on MSFT 1W chart. Expect price to form an hns taking sharply lower--50%+ from current levels. See also recent idea on bearish patterns on ES1/NQ1/YM1. HNS will drive to point B, and there is a smaller ABCD bear harmonic that will drive the price to C point of the higher tf ABCD Ext pattern.
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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.