Wide stop but i like NKE here, downtrend break w 618 pullback, after double bottom i highlighted. Noted measured move targets are listed w bills in order. Note abcd and 1.272 ext are very important to find measured moves and harmonic patterns. I will always watch futures and i only like this early, stop against low. I got alot questions regarding PTON and OIL set ups, I will be doign a video on exactly how i found both and caught pullbacks on both as well. (Plays in comment) Let me know if anyone wants clarification on how i find a certain set up Targets 1.Top of first ab wave, take 1/2 2 .ABCD level (equal length drives, take 1/2 of balance 3. 1.272 extension (my favorite ext%) 1/2 of balance 4. 1.414 extension ''
Note
PTON Video on how i found the multiple harmonics i will do tomorrow. see play comment for updated notes as well
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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.