If this Harmonic plays out well, we can expect a temporary change of trend considering strong Monthly resistance zone looking for inverted Head and Shoulders pattern on Monthly time frame at least before switching to bullish long time bias. Please comment if you would like to see more of my trading ideas published to the community.
Trade active
For those who missed the entry on the retest of broken TL can look for entry on the retest of broken neckline as more conservative one. Good luck!
Trade closed: target reached
All 3 TP's reached. Continue to sell if last support got broken.
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.
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.