YM1! 2W BEAR CYPHER, Steep drop expected DEC/JAN
The 2W chart for DJI futures has entered trade for bear cypher harmonic pattern. The shape of this pattern typically retraces at pt1 back toward initial pattern entry/SL, then progresses sharply to pt2/3/4. I've indicated what the path typically looks like in red.
Best wishes for trading the holidays! -Worm
Best wishes for trading the holidays! -Worm
Note
Valid, in trade. Already 1/2 way to pt1.
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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.