The Momo chart is a complete puzzle of patterns, which magically appear when using the zig zag indicator in daily candle.
It reached what appears to be a bottom between yesterday and today, I am almost sure that it is the point C of a bearish harmonic pattern, so it would follow a bullish wave towards D.
What do you think is the most "natural" pattern for Momo after that Head and Shoulders?
MOMO
It reached what appears to be a bottom between yesterday and today, I am almost sure that it is the point C of a bearish harmonic pattern, so it would follow a bullish wave towards D.
What do you think is the most "natural" pattern for Momo after that Head and Shoulders?
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Related publications
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.