In the range included in the green box we may have the pivot point to get back to the uptrend.
This harmonic pattern will be valid only if we break the X point. If not it will be invalidated.
Let's see how it plays.
Happy trading!
This harmonic pattern will be valid only if we break the X point. If not it will be invalidated.
Let's see how it plays.
Happy trading!
Trade active
LTC broke the B point. Good! If it will go further the X point the patter is validated.
Note
Very close to break the X point. 4h TF 2 wicks did already although the candles closed above so the pattern still not validated yet.
Patience!
Note
If it breaks the C point the pattern will be invalidated.Note
The Harmonic pattern has just been invalidated. Sigh!
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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.