While playing with some time intervals I stumbled on something looking like a Harmonic pattern. After some research I saw you need point B to close above the 0.618 which it fails to do so but it stays in the golden pocket meaning between 0.618-0.65. Also point C needs to go between 1.272-1.414 but isn't really invalidated if it fails to do so apparently. Then I did some freestyling to calculate the projection. So this is rather an experiment than a technical analysis I would say. If you have experience with harmonic patterns or tried something similar, feel free to comment!
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
*DISCLAIMER* I'm new to chart analysis since November 2019 and this idea is only for the purpose of sharing ideas -> NOT investment advice,
therefore any feedback from aspiring traders and experts are more than welcome.
Always keep in mind not to enter a trade to soon and remember to take profit along the way.
Stay safe, stay profitable & may the odds be forever in your favor ^^
Trade closed: target reached