Bearish Harmonic identified. Price reached 0.886 retracement and is likely to reverse now as it is at the Potential Reversal Zone.
Stops at 16.2 which would invalidate the harmonic and allow for more upward movement.
Please use appropriate risk management and position sizing.
Enjoy :D
Stops at 16.2 which would invalidate the harmonic and allow for more upward movement.
Please use appropriate risk management and position sizing.
Enjoy :D
Note
Updated the chart a bit Note
Trade active
Dump it.... Note
SL 16.137Note
Note
Exactly what I like to see... Trade closed: target reached
Partial close, TP1 HIT!Note
That's what's up ;) Note
Fractal Imposed Note
Trade closed: target reached
All Targets Hit ;)
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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.