ABCD Harmonic 1D

٧ يوليو ٢٠٢٢

I found a potential ABCD Harmonic. The D target is 1.272 fib. The ABCD is invalid if it doesn't hit the D end of 10 July. The D matches perfectly with the local resistance that we need to break for market structure change. Personally i don't think this Harmonic will play out but its a scenario to keep in the back of your head. The D also has another resistance if you put on the Pivot Points indicator you have an R3 resistance line on the 1H time frame right at the purple line.