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karisma_619
Jul 3, 2022 11:41 AM

ATOM showing a W followed by an M pattern Short

ATOMUSDT SPOTBybit

Description

as we can see on the chart price is forming harmonic patterns one after another, both on higher time frames and lower time frames.

I'm expecting a drop from the daily resistance zone.


please like and share this idea.

NFA DYOR

Comment

we want to see a daily close below 7.77 for assurance that this analysis is valid. right now i think the probability is around 65%

Comment

a daily close above 8.23 would complicate the analysis. I personally would close 50% of the position if this happens.

Trade closed: stop reached

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