Harmonic formed
RR has been defined
Let's go
RR has been defined
Let's go
Note
The only thing I don't like about this setup is that while price did close above the "B" point it was only base a small fraction, typically I like to see a strong close above this area showing the intent is to go high but the justification to be bullish out weigh the need to be neutral or bearish so I still consider this a valid setup. Invalidation will be known fairly quickly in this case allowing you to close the trade before it hits stop lost thereby reducing your overall lost.Trade closed manually
I've seen enough, i'm out
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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.