Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
Following up with Uber stock movement, it's clear that we are near/at the end of fifth wave ( Greened ) and I expect a correction to the 35-36 zone before going higher.
That is confirmed by the strong bearish divergence signal as you can see in the chart b/w the price and the RSI indicator.
we can see how canadian dollar vs swiss franc could fall after the pattern is completed, using fibo retracements we can find a good entry, if you'd want to get in already you could but you'd be risking 20 extra pips. TP1 is the 0 of the fibo, Tp 2 the -0.27
Damn bro this shit is going down
