first this is not a financial advice but i am posting what i see now in the market ...
here we have the harmonic AB=CD bearish pattern if you want to play it make sure to stop above point D
targets shown on chart please do not use high leverage to avoid liquidations good luck
Description :
The initial price swing moves upward from point A, a swing low, to a high intraday price marked as point B. The second leg of the pattern represents a downside price correction in the existing uptrend that takes the price from point B down to point C, a swing low that is higher than point A. The final price move in the pattern is a move upward from point C to Point D – a new, higher swing or intraday high above point B. The existing uptrend terminates at point D, the point from which a downtrend begins. The initial price swing moves upward from point A, a swing low, to a high intraday price marked as point B. The second leg of the pattern represents a downside price correction in the existing uptrend that takes the price from point B down to point C, a swing low that is higher than point A. The final price move in the pattern is a move upward from point C to Point D – a new, higher swing or intraday high above point B. The existing uptrend terminates at point D, the point from which a downtrend begins.
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.
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.