The bearish harmonic was activated by ANOTHER rejection of the monthly SR level.
This can continue to be respected after the pullback completes itself.
But notice how much this monthly SR level has been rejected.
We may make it up there again.
But if we do and it rejects, we are not coming back.
Right now, let's see how long this harmonic will be respected.
BEAR TPS:
BULL TPS:
This can continue to be respected after the pullback completes itself.
But notice how much this monthly SR level has been rejected.
We may make it up there again.
But if we do and it rejects, we are not coming back.
Right now, let's see how long this harmonic will be respected.
BEAR TPS:
- 26724
- 26642
- 26433
- 26174
BULL TPS:
- 26908 (this is also the pullback entry for the short)
- 27061
- 27141
- 27315
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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.