We are looking at a solid counter-trend trade to go long, via butterfly completion
We will receive confirmation once price reaches the 1.272 entry zone and rebounds back up with a reversal pattern signal.
This point also confluences quite well with trend line structure support and a longer term structure zone.
This will give us a good opportunity to make profits in the short term
If price rejects our analysis, we can re-enter with a bullish crab
Merry Christmas
Get the harmonic trading cheat sheet here
patreon.com/indigotradinggroup
We will receive confirmation once price reaches the 1.272 entry zone and rebounds back up with a reversal pattern signal.
This point also confluences quite well with trend line structure support and a longer term structure zone.
This will give us a good opportunity to make profits in the short term
If price rejects our analysis, we can re-enter with a bullish crab
Merry Christmas
Get the harmonic trading cheat sheet here
patreon.com/indigotradinggroup
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.
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.