- Keep an eye for the recent up trend line that already been surpass by price action.
- Fibonacci line below the price action can act as a support. Conversely, Fibonacci line upper the price action can act as a resistance.
Indicators :
DMI: +DI is rising fast but it's eventually pointing down for now. ADX still relativelly weak (below 25)
MACD: macd line still in bearish area. Buyer histogram is currently developing.
Please any input regarding harmonic pattern is welcomed as this is my first time apply this.
peace...
- Fibonacci line below the price action can act as a support. Conversely, Fibonacci line upper the price action can act as a resistance.
Indicators :
DMI: +DI is rising fast but it's eventually pointing down for now. ADX still relativelly weak (below 25)
MACD: macd line still in bearish area. Buyer histogram is currently developing.
Please any input regarding harmonic pattern is welcomed as this is my first time apply this.
peace...
Comment:
this is not harmonic pattern any longer.