Hello everybody, hope you're really great, I'm better than ever. So for today's analysis we have two beautiful formation, one is the 0.618 Retracement level crossing the PRZ of the Harmonic Pattern that is on the way to be completed and we also have the Resistance zone in the same area
There we can see a lot's of confluence points join together to deny the price to continue to the upside and push it to the downside!
" A song of ascents. By Shlomo: Unless ADONAI builds the house, it's builders work in vain. Unless ADONAI guards the city, the guard keeps watch in vain"
Psalms 127:1 CJB
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1. Harmonic Patterns Completion - Done; 2. 0.618 Retracement Level Test - In the Process; 3. Resistance Zone Test - In the Process; 4. PRZ Hit - Done; 5. PRZ Test -In the Process; 6. Terminal Bar - Waiting; 7. Type-1 Reaction - Waiting; 8. Type-2 Reversal - Waiting; 9. Candlestick Reversal Sign - Waiting; 10. Candlestick Confirmation Sign -Waiting; 11. RSI Reversal Sign - Waiting; 12. RSI Confirmation Sign -Waiting; 13. Risk Management - Applied; 14. Risk / Reward - 1/3.