- Shark and butterfly harmonics overlapping with overlapping potential reversal zones
- Stochastic RSI showing overbought for a long time so price will drop soon
- On confirmation by a reversal pattern at the PRZ's, aim for the target which is a 61.8 of both harmonics. This is a high probability target considering it is the same for both patterns.
Considering there are two harmonics with the same PRZ's and same target it is very likely that they are valid and follow through well.
But we will have to wait for confirmation - I'll update when ready
- Reiss
- Stochastic RSI showing overbought for a long time so price will drop soon
- On confirmation by a reversal pattern at the PRZ's, aim for the target which is a 61.8 of both harmonics. This is a high probability target considering it is the same for both patterns.
Considering there are two harmonics with the same PRZ's and same target it is very likely that they are valid and follow through well.
But we will have to wait for confirmation - I'll update when ready
- Reiss