TREET has formed a bullish AB=CD harmonic pattern on the daily timeframe. Price is breaking above the C-leg, suggesting momentum toward the Potential Reversal Zone (PRZ) around 28.
Buy Stop: 24.94
Stop Loss: 21.99
Target (PRZ): 27.89
RSI is rising above 70, showing strong momentum, but traders should watch for overbought signals near the PRZ. If price sustains above 25, continuation toward 28 remains likely.
⚠️ This is a technical analysis idea, not financial advice. Trade with proper risk management.
Buy Stop: 24.94
Stop Loss: 21.99
Target (PRZ): 27.89
RSI is rising above 70, showing strong momentum, but traders should watch for overbought signals near the PRZ. If price sustains above 25, continuation toward 28 remains likely.
⚠️ This is a technical analysis idea, not financial advice. Trade with proper risk management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.