At first I thought Price was heading up higher. But after I drew those trend lines.. I realized price was changing direction. Rejecting the area at the top and is now coming back down for a quick retracement.
Trade active:
Take Profit 1 achieved.
But I'm aware that there's a Harmonic in there somewhere (on the 1Hour) so possibly price may not continue down.
But I'm aware that there's a Harmonic in there somewhere (on the 1Hour) so possibly price may not continue down.
Trade active:
Nice analysis
Nice analysis
Trade active:
Regarding the Harmonic I mentioned earlier on the 1 Hr - Price shot up and came back down... Stop Loss was in a good place so we are still in the trade.
Let's see if we continue bearish or bullish.
Let's see if we continue bearish or bullish.
Trade closed: stop reached