Bear Harmonic Bat pattern framed against HTF Channel Break Down.
Detailed description is provided in the text boxes in the chart.
On the Higher Time Frame Charts, US30 (DOW) looks ready for a bit of corrective action.
We have already had the FU move to put in the ATH, with considerable reversal configurations in place on Daily Chart, am watching the Lower time frame charts for this Harmonic Gartley (bat) trade to set up.
Either hit on tag, or hunt for reversal structure in the general vicinity. For such a trade, I always leave a little wriggle room so if the logical stop is bust, I often get opportunity to at least scratch the trade.
On the Higher Time Frame Charts, US30 (DOW) looks ready for a bit of corrective action.
We have already had the FU move to put in the ATH, with considerable reversal configurations in place on Daily Chart, am watching the Lower time frame charts for this Harmonic Gartley (bat) trade to set up.
Either hit on tag, or hunt for reversal structure in the general vicinity. For such a trade, I always leave a little wriggle room so if the logical stop is bust, I often get opportunity to at least scratch the trade.