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Dec 31, 2021 2:25 AM

CFM in Gartley Bearish Harmonic Pattern Long

COMPUTER FORMS (M) BHDMYX

Description

CFM in potential gartley bearish harmoic pattern. Potential long position from Point A to B only as price approaches EMA200. Probable retracement EP would be 0.610 to retest a 4htf pivot point. Potential TP areas are 0.725 and 0.805, that is, at their respective monthly resistance. Maximum probable TP would be 0.840, that is, fibo618 and yearly resistance. Probable CL would be 0.575, that is below Point A and consolidation range.
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