bouncing off strong support, and a just finished a harmonic
exhaustion pattern, at the end of a huge AB=CD
pattern. I feel like recently I have seen many charts from traders who are willing to just trade any harmonic pattern
they see regardless of structure and pretty much all other outlying factors. Harmonic patterns
are a great reversal patterns, but like all patterns they need to supported with other evidence of a reversal, as part of a wider trading system, to be used effectively. This is a perfect example. I will be watching this early next week in a tighter time frame looking for a quality long position to get into.