Looking at the short-term, and purely from a Harmonic Pattern perspective. Price has printed a few M & W patterns continuously within this 50-44k range and is currently at a key infliction point for the completion of a W reversal pattern. Check comments for a visual.
Trade closed: target reached:
Quick Leveraged Scalp. Result.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
And currently forming W-Pattern....M,W,M,W..as the sequence goes.