Wave analysis showed potential PRZ area and I immediately spotted a harmonic
I let go of the wave labeling and showed the harmonic overall
It paints a better picture in my opinion
Price is currently in a critical zone as you can see in the current trading range (yellow)
I think it may play around in that range a little bit before it actually breaks the lower support and starts the bear rally however I'll adjust as needed on the lower time frames
**previous analysis linked in related ideas
I let go of the wave labeling and showed the harmonic overall
It paints a better picture in my opinion
Price is currently in a critical zone as you can see in the current trading range (yellow)
I think it may play around in that range a little bit before it actually breaks the lower support and starts the bear rally however I'll adjust as needed on the lower time frames
**previous analysis linked in related ideas
