Harmonic ABCD
Update of my chart from yesterday!
If we have seen the top of the a-leg today at 2115.4 - the above chart is in spe as outcome.
Within the Elliott Wave Ending Diagonal understanding - we should only expect A-B-C moves.
The b-leg is being carved out now and should not take out 2100.
That will equal a 23.6 retrace of the a-leg
That will within harmonic trading give us a ABCD pattern with an ending target zone at 2148.2.
Notations on chart!
Trade what you see
BLawrenceM
Follow me on twitter for intraday updates.
Music at work
Best version is the one on Spotify... Use headset or a good subwoofer
open.spotify.com/track/5npL7N9CDFO9rwp74BhbY1
youtube.com/watch?v=PDkTVy26sBg
Update of my chart from yesterday!
If we have seen the top of the a-leg today at 2115.4 - the above chart is in spe as outcome.
Within the Elliott Wave Ending Diagonal understanding - we should only expect A-B-C moves.
The b-leg is being carved out now and should not take out 2100.
That will equal a 23.6 retrace of the a-leg
That will within harmonic trading give us a ABCD pattern with an ending target zone at 2148.2.
Notations on chart!
Trade what you see
BLawrenceM
Follow me on twitter for intraday updates.
Music at work
Best version is the one on Spotify... Use headset or a good subwoofer
open.spotify.com/track/5npL7N9CDFO9rwp74BhbY1
youtube.com/watch?v=PDkTVy26sBg
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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.
Related publications
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.