NEO Harmonic Idea ?
Looking at NEO on the 4 hour and it has printed a bullish crab pattern from what i see.
i would look for a buy in the PCZ around the purple area.
S/L would be below the red area.
Learning harmonics and from what i have seen is that it may break through the PCZ and then form bullish divergence when re entering the PCZ.
Risk to reward is around 1/6.
Any insight and constructive criticism is welcomed , only been trying to trade harmonics for a few weeks.
Thanks .
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
i would look for a buy in the PCZ around the purple area.
S/L would be below the red area.
Learning harmonics and from what i have seen is that it may break through the PCZ and then form bullish divergence when re entering the PCZ.
Risk to reward is around 1/6.
Any insight and constructive criticism is welcomed , only been trying to trade harmonics for a few weeks.
Thanks .
tradingview.com/chart/7AZE2TN6/?symbol=BITSTAMP:BTCUSD
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