After price broke down the structure on 4-June-19 it corrected higher in the form of an AB=CD bearish harmonic pattern. The completion price zone of AB=CD is in confluence also with the resistance trend line coming from the top. If price will breaks above the trend line the setup that i am looking will be invalidated.
The reason is because we can be in a more complex correction or the price is going to go higher.
Targets remain the same as the related idea.
Trade with care.
Good Luck!
The reason is because we can be in a more complex correction or the price is going to go higher.
Targets remain the same as the related idea.
Trade with care.
Good Luck!
Comment:
Previous related idea.
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