NOTUSD - Anti-Nen Star Loading
Hello again traders,
Joining you all so soon again, I have an analysis on NOTUSD today. Viewing the chart, I have spotted an Anti-Nen Star that has not yet materialized a T1, and may give us another chance to enter at a better premium around the 1.13 extension level. I believe this could come to fruition following the rebalancing of the PA after CPI earlier.
If this move fails to tap the T1 area, we can expect some downside, hoping to reach the structured area, or an extension-wave move for a better re-positioning on the trade altogether.
Pictured in the image above, are the respective Target areas, Stop loss area, and of course, the extension levels 1.13, 1.27 and 1.41.
Please exercise caution as harmonic trading is only a tool that can be used in a traders' analysis, and is highly dependent upon ones intuition and skill in the market. As always, this analysis is not intended to be used as financial advice to any person or entity therein.
thank you for viewing.
Best,
Richie
Joining you all so soon again, I have an analysis on NOTUSD today. Viewing the chart, I have spotted an Anti-Nen Star that has not yet materialized a T1, and may give us another chance to enter at a better premium around the 1.13 extension level. I believe this could come to fruition following the rebalancing of the PA after CPI earlier.
If this move fails to tap the T1 area, we can expect some downside, hoping to reach the structured area, or an extension-wave move for a better re-positioning on the trade altogether.
Pictured in the image above, are the respective Target areas, Stop loss area, and of course, the extension levels 1.13, 1.27 and 1.41.
Please exercise caution as harmonic trading is only a tool that can be used in a traders' analysis, and is highly dependent upon ones intuition and skill in the market. As always, this analysis is not intended to be used as financial advice to any person or entity therein.
thank you for viewing.
Best,
Richie
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