This one depends on if price will support or breakthrough monthly support/resistance and trendline to determine clear direction.
Would like to see the harmonic fully respected all the way to 1.502034.
If monthly SR and trendline broken, looking for a target tp around 1.492892.
BULL TPS:
BEAR TPS:
If the monthly SR and trendline is broken through...
Would like to see the harmonic fully respected all the way to 1.502034.
If monthly SR and trendline broken, looking for a target tp around 1.492892.
BULL TPS:
From the monthly SR area...- 1.50823
- 1.51084
- 1.51332
- 1.51498
target tp 1.52034
BEAR TPS:
If the monthly SR and trendline is broken through...
- 1.49906
- 1.49292
Note
GO BULLS!!Note
Satisfied with Bull run since all first three TPs were hit in one day!It is currently retesting the break out of the monthly SR and trendline, so I am waiting to see if my BEAR TPs will now be hit to close out the week.
Note
News created a false breakout. Waiting on price to move pass daily SR level for continuation again back to the upside. Going to resuse BULL TPs if this move continues in its current direction.
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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.