AMC Harmonics: Put a fork in it!

695
It looks like the last signal created by price action is showing a reversal at the neckline of the inverse head and shoulders, while also forming the right shoulder of a head and shoulders pattern. If price moves up again, it looks like it will be the last run-up before it's done-up. This would also be a beautiful short position or put position. The 12.74 price, near the fractal retracement level purple lines, sandwiched between the prz prices, is the target entry price. The reversal here should carry price back up to between 0.382 and 0.618 retracement, at the very least. Good luck, trade safely, and let's make that money at the real reversal zones.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.