Harmonic pattern reached targets - Where to next?

The bearish harmonic pattern you see reached both of its target zones.
The price now holds the 50 days support line as FB             prepares for earnings .
Expectations are for a great earnings report... with such high expectations the potential disappointment is also pretty high.

Bulls - MA line should hold as support and if that will be the case FB             should make its way to 140$ to touch the top of the channel again

Bears - Take profit before earnings or bet on continuation towards the next support zone near 122-123$

Trade closed: target reached
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out