Weekly intermediate degree Wave 5, abcd 1.618 termination and weekly demand zone converging on the 0.52000 price area. abcd equality suggests we could see this price level a year out. ( its a long time out. but if you are going to make projections. well. make them. lol. no one will remember anyway. well. except the boss. lol ) Daily chart suggests a bearish shark with T candle completed. Price action suggests we might see a type two break out. (retest of the PRZ)
Trade Plan:
Trade the minor degree 2-3 leg. with a 123 entry on the minute degree
Harmonic TPs 382 and 618 Fib Levels
3rd TP will be the 1.618 minute leg 1 projection
Trade Plan:
Trade the minor degree 2-3 leg. with a 123 entry on the minute degree
Harmonic TPs 382 and 618 Fib Levels
3rd TP will be the 1.618 minute leg 1 projection