Market got pretty hard with so many harmonics and plot every single harmonic on same chart is not practical. Now we are back to daily timeframe as all other inner TF got their support broken down.
Is there a chance to go further down ?
Well there is always a chance both ways, look this other harmonic below:
If you like my charts show some sort of support so I continue posting, there is currently too few likes
Is there a chance to go further down ?
Well there is always a chance both ways, look this other harmonic below:
If you like my charts show some sort of support so I continue posting, there is currently too few likes
Note
Market got straight to our second chart green dashed circle support and it can still go a bit further to yet just another harmonic sitting a little bit bellow, see the zoomed chart:Note
Market is now on a very wide support, looking forward for some recovery:Note
Double bottom:
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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.