Seems bulls have lost their position in the short-term structure as we have wicked through the HL, needs to close below (aqua line) for us to have Bullish expectation failure for the short-term and back to Bearish expectation for the longer term, was expecting it to happen sooner but we retested the LH and failed to close above. Also a harmonic Shark seems to be appearing which would add a price prediction to this analysis. If in short, can take profit at the points listed and prepare for a short-term bounce.
Trade fermée: cible de profit atteinte:
TP1 reached, in original I did not add the fibs for after D, here they are. Yellow is if support at TP1, Aqua is if at support at TP2; Stops would be placed under PRZ for D leg once start to show some support.
Trade fermée: cible de profit atteinte:
TP2 reached, yellow lines invalidated, aqua in play.
