We are near the completion of an ABCD pattern. Following the harmonic rules, a C point retracement leaves up with a 200%BC projection.
I think we could see some downside, which is confirmed by a hidden price divergence (not on the chart).
Please take notice, that there were very strong sell offs and we are still in the bears zone.
Tks,
S.
I think we could see some downside, which is confirmed by a hidden price divergence (not on the chart).
Please take notice, that there were very strong sell offs and we are still in the bears zone.
Tks,
S.