After hitting the AB=CD target (and extending a bit), price moved up, but without much energy, which is to be expected. The weekly candle shows a doji while the monthly is a more encouraging hammer.
Price could be working on a SHARK. Since I've been studying harmonic patterns, it's only been in recent months that I am faced with patterns sporting so many down sloping MAs which may these more difficult to navigate. Sometimes price blasts through, often times they'll get through one of two before pulling back, or failing altogether.
Hard for me to play. But good to watch and learn IMO.
Price could be working on a SHARK. Since I've been studying harmonic patterns, it's only been in recent months that I am faced with patterns sporting so many down sloping MAs which may these more difficult to navigate. Sometimes price blasts through, often times they'll get through one of two before pulling back, or failing altogether.
Hard for me to play. But good to watch and learn IMO.