Excellent opportunity with almost 1:3 risk to reward.
The measurements for a valid are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
As you can see from the chart below price is trading within a horizontal channel.
I'm expecting a reversal just above the main .
Don't forget to add me on social media for more trading inspiration!
📘 Download the Harmonic Mastery Ebook (Free): https://www.sixfigurecapital.com/harmonic-trading-ebook