Could be in spe. BUT so far highly speculative.
Conditions: A flush tomorrow for the 88,6 retrace of the X to A-leg (2082 handle) no more no less.
This could suck in bears and create a trap. It has to be the 88.6 retrace... (A must)
Then we have to see a hard reversal for creating a short squeeze that could propel the D leg up for a BLOW off top
Clues to support this possibility:
We have B-leg retracing 88.6 of the X to A-leg.
If we get the C-leg retracing 88,6 of the X to A-leg ... the setup for the is then ready to pan out.
is a its low so could turn up after a flush
Fear not ...believe in what you see
Music at work:
So while I do expect another move lower before a breakout rally I suspect it will happen on Thursday or Friday. Possibly we gap up Wednesday from something Janet Yellen says at 9:15 am, hit some resistance, back down some (but not taking out the current low today) then back up and down the rest of the day. Choppy wild swings to confuse both bulls and bears. Then down Thursday morning to your target and then we rip up? There's also the Euro deadline this coming Monday that could cause the market to pause until the date has past. Certainly next week has a strong tendency to be a bullish week as it's the monthly option expiration week. One thing is for certain... we are very close to an important top.
The exact time to reach a projection really has nothing to do with harmonic price patterns so the timing of when it reaches a level is largely irrelevant here,
As what we are really looking at is simply a price zone to initiate a short position, nothing more
Cycles, time projections, time clusters etc or even average day of week statistics are of no help here with this particular pattern
I use only price as FX and eminis are so liquid that liquidity/ slippage is never a concern for me I usually set my orders days in advance and let them be, I know the levels I want to buy and if it gets there then great - if not and the setup is invalidated then they are cancelled
I'm a swing/ position trader so I get your point above as intraday volumes are important for good fills if you are a shorter term trader with tighter targets