Good morning traders,
We have two potential harmonic patterns forming. On the sell side, we have an 'alternative' bearish cypher (indicated with the red dotted sell line). On the buy side, we have a bullish Gartley (indicated with the green dotted buy line). The market cannot consolidate forever so we can expect either of these orders to be filled at some point in the near future.
—P.S.
We have two potential harmonic patterns forming. On the sell side, we have an 'alternative' bearish cypher (indicated with the red dotted sell line). On the buy side, we have a bullish Gartley (indicated with the green dotted buy line). The market cannot consolidate forever so we can expect either of these orders to be filled at some point in the near future.
—P.S.