I will be targeting the major 1.13 extension of SLP's Lifetime Overall Trend for profit taking on this Hourly Bearish Gartley.
Price briefly peaked above the PCZ to get Overbought on the RSI but quickly settled back below the PCZ of the Harmonic this is the type of stuff we usually see after a Terminal Bar Rejection.
I will be entering the trade with a stop loss above the high
Price briefly peaked above the PCZ to get Overbought on the RSI but quickly settled back below the PCZ of the Harmonic this is the type of stuff we usually see after a Terminal Bar Rejection.
I will be entering the trade with a stop loss above the high
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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.