225-degree Square of 9 angle at 1.1343 has held as a strong support zone, with the left and right shoulders of an inverse head and shoulders pattern being formed around that angle. Additionally, the 4/8th inner harmonic at 1.1245 along with the December 3rd date (4/8th harmonic in time) create a square of price and time, this is also within the 225-day Gann cycle (231 days).
Strong reversal of the trend higher – first key resistance zone at the 3/8th major harmonic of 1.1689 and then a move to the target area of 1.2133.
Strong reversal of the trend higher – first key resistance zone at the 3/8th major harmonic of 1.1689 and then a move to the target area of 1.2133.