I was expecting price to touch at least 1188 but it managed to reverse from 1184, thats giving me indication that we will be retesting the broken 1166 Clone level of previous range 1145-1166. Also at the same 1166 level i am also seeing the end of CD leg of two potential bullish harmonic patterns i.e bat in grey and butterfly in green.
a. So i have the Clone level retest at 1166 b. finish of CD leg at 1166 area of two potential patterns c. will be shorting either at at 1181 or 1174/3 will stoploss 1183 for target 1166
For ranges: please see the idea linked below
Note: This is not a trade advice ,please do your due diligence before placing the trade
Kommentar
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it printed new bearish bat
Order storniert
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all orders cancelled. will wait for next opportunity
@sikander.taimoor, Sikandaer , i m not in this trade. did you read the status update at top?
sikander.taimoor
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@GcNaif, It says short based on 2 potential harmonic patterns and clone levels?
GcNaif
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@sikander.taimoor, yeah i know, when it did not work, i updated the status as cancelled, please look at the update status at the end of idea description