Hi,
We got a Bullish Shark harmonic pattern forming shortly. A sharp decrease in price rapidly means to look at the PRZ carefully. As according to Scott Carney, harmonic trader from HarmonicTrader.com, tell us, to wait until the 1.618 extension of the AB leg before looking at for a potential entry. In addition to a 88.6% retracement minimum of the XA leg.
Profit targets 38.2% of the AD leg, and profit target #2 at the 61.8% AD leg.
Thanks.
We got a Bullish Shark harmonic pattern forming shortly. A sharp decrease in price rapidly means to look at the PRZ carefully. As according to Scott Carney, harmonic trader from HarmonicTrader.com, tell us, to wait until the 1.618 extension of the AB leg before looking at for a potential entry. In addition to a 88.6% retracement minimum of the XA leg.
Profit targets 38.2% of the AD leg, and profit target #2 at the 61.8% AD leg.
Thanks.