The AES CorporationShort
AES Corp... Bearish Bat and extended ABCD reversal pattern ??
AES Corp. has retraced 88.6% of its Feb/Mar range
This may be setting up a Bearish Harmonic Bat Pattern reversal
Adding to this is an ABCD pattern (in green) where CD is a 1.27 extention of AB at the current price.
Let the pattern develop and roll over as it is a reversal and going against the recent trend, before deciding to initiate/exit an existing position.
S.
This may be setting up a Bearish Harmonic Bat Pattern reversal
Adding to this is an ABCD pattern (in green) where CD is a 1.27 extention of AB at the current price.
Let the pattern develop and roll over as it is a reversal and going against the recent trend, before deciding to initiate/exit an existing position.
S.
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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.