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HarmonicTA
Mar 19, 2019 3:28 AM

IQ LONG TIME Long

iQIYI, Inc.NASDAQ

Description

So IQ seems to have a probable harmonic target at 29, for now it has closed over daily resistance but not pivot level for me at 27.5, indicators look a bit tired may pull back. HARMONIC violated at by close under C level

Comment

While market hit a lick on us today, C pivot at 25.5 still has not been breached on daily, Pattern has not yet violated. Also to note a double base on DAILY/240M rsi with positive divergence.

Comment

DAILY close doji above support still, 4h bullish harami. AGAIN sucks but need daily or 4hr with confirmation close under 26 for harmonic violation.

Trade closed: stop reached

broke C
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