andrewunknown's chart I've been following: xlf first published about a month ago:
KLang
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In my personal opinion, the starting point for that harmonic is awkward.
4xForecaster
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@KLang - Hello! Considering the Butterfly failure at Point-D and its protracted continuation to a new structure-high, this pattern is very reminiscent of a Deep Crab at this point, where AB x 2.24-Fib = current all-time-high, and XA x 1.618-Fib = current price at market's close. If only Point-B was at 0.886, but at 0.786, it's not too shabby for that crabby possibility. Just a thought. David - PS: my 2-cent:
KLang
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I agree - too shabby for a crabby and let's remember the word POTENTIAL in the PRZ. Sometimes price just rips through...