Consolidation before we resume the uptrend or start of a new downtrend...?
Harmonics might show us the path for the near future.
2 possible setups in the chart, 1 based on a possible bat, the other based on an AB=CD pattern (0.786 ret. suggests possible 1.27 ext.).
I've set my orders for both but might cancel the highest entry if the first one gives us a good reaction.
Harmonics might show us the path for the near future.
2 possible setups in the chart, 1 based on a possible bat, the other based on an AB=CD pattern (0.786 ret. suggests possible 1.27 ext.).
I've set my orders for both but might cancel the highest entry if the first one gives us a good reaction.
Trade closed: stop reached:
Loss on the first, small profit on the second, not so good...