Harmonic waves analysis with some market pattern recognition and range structure. I will add fundamentals a bit later for everyone on recent news.
Blue boxes are where I would seek buy opportunities. $35 seems to be a floor on the hourly. Please observe all touch points and read on how harmonics play a role at major price action points that cause reversals (think of it as tug of war or a train station going from one station to the next picking up people).
Zoom out and manipulate the chart and you will see how harmonics are creating a butterfly effect.
Blue boxes are where I would seek buy opportunities. $35 seems to be a floor on the hourly. Please observe all touch points and read on how harmonics play a role at major price action points that cause reversals (think of it as tug of war or a train station going from one station to the next picking up people).
Zoom out and manipulate the chart and you will see how harmonics are creating a butterfly effect.
Comment:
BLINE LINE POINT 4 is at harmonic butterflies zone but I moved it over to avoid clutter. It lines with harmonic time point 1-2 point 3-4 is similar in sentiment market price action length.
Comment:
A great article for math traders.
Trade active:
$32 dollar blue buy zone hit
