Nice setup here with great r/r. As you can see there is a good chance that we just completed an ending diagonal which is a pattern that breaks sharply to the downside.
We also have triple bear divergence on the RSI confirming weakness and the ending diagonal pattern, The harmonic pattern is not something I typically make trade decisions based off of however it does add more context and support for the setup overall.
Let me know what your thoughts are. Give me a like if you found this information to be beneficial to your trading plan.
Thank you!
We also have triple bear divergence on the RSI confirming weakness and the ending diagonal pattern, The harmonic pattern is not something I typically make trade decisions based off of however it does add more context and support for the setup overall.
Let me know what your thoughts are. Give me a like if you found this information to be beneficial to your trading plan.
Thank you!