Big harmonics are everywhere. Surely something is cooking? harmonics either succeed of fail spectacularly. There are big ones all over the place.
I'd be on alert for strong trends upon the decision of the harmonics. Can go either way, harmonic fails setup strong rallies. If these harmonics play out as they'd predict - some sort of shock move is probably coming.
I'd be on alert for strong trends upon the decision of the harmonics. Can go either way, harmonic fails setup strong rallies. If these harmonics play out as they'd predict - some sort of shock move is probably coming.
Comment:
Next level of support breaks in this pattern typically sets up a capitulation leg.
May bull trap first.
May bull trap first.
It's not subtle.