going long until about 1.12005 then going short. This is my Harmonic practice so analyze before jumping in
we're going long, it broke the TL signaling a trend reversal. M formation sparked my interest so I decided to get in! Let's see how this goes!
I'm shorting, my belief is that in order for us to break through the Daily descending TL we're going to need momentum and there isn't enough to do that just yet. We will see what happens in the coming week.
sell on possible break, long on bounce from support. GOOD LUCK!
we have a potential H&S formation on the Daily chart
we're shorting if doesn't break Resistance
bounce on support TL will send upward to resistance TL back down to create a new low