The lowest risk entry is on the trendline as shown, (highest probability of success) as well as a high confluence point.
From there, price looks to be Forming another Harmonic to the upside..
Reasoning behind this on a technical aspect is that if price breaks the low indicated, then it will also break the uptrend structure. Therefore indicating a further retracement to the downside and breaking the uptrend, suggested an extended C wave.
Trade with care
Good risk to reward
From there, price looks to be Forming another Harmonic to the upside..
Reasoning behind this on a technical aspect is that if price breaks the low indicated, then it will also break the uptrend structure. Therefore indicating a further retracement to the downside and breaking the uptrend, suggested an extended C wave.
Trade with care
Good risk to reward