Bearish Butterfly Maybe Complete. Possible Target.

9 août 2021We may be completing a bearish butterfly harmonic. As we are hitting 20W and 200D SMA resistance. Also bear divergence on macd and rsi. If we can't hold .382 and .5 it would seem to confirm the pattern. Then I have one possible bullish bat which could also make a h&s . I could see any number of other possible outcomes. But I will adjust as things develop. The timing is loosely plotted. The levels are what is important.

9 août 2021

Commentaire

Seems to be invalidated. Here's another possible reversal area.