I think harmonic pattern cannot be used like this ,because ,When the market has not yet reached the D point,Any prediction is just a guess.We can not be subjective to think that the market is likely to form such a harmonic pattern and go to such a judgment, we should wait for the D to appear before this reversal point to the transaction, I think this is the most appropriate.
Hello Ltscofield, Thank you for your valuable points. Yes, its just a prediction not a confirmed one. Thats why i mentioned only when it completes the pattern formation we can go for sell. This is just a give a caution to the traders. So that if in any possibility the market forms the harmonic patter, they could be aware of it. Hope this helps. Have a good day and good trades! Cheers...