1. ABCD Fib Extension Complete
2. Daily Demand breached then small rally
3. Untested Supply Zone where price wants to retrace
4. AB=CD potential set up ( see www.harmonictrading.com/?p=124)
5. Symetrical Triangle showing price consolidating before drop!
I am waiting for 1 hr PA in the RED Supply Zones to enter a SHORT trade!
Best area for RR shorting will be 1.1550-1.1640. This is where I will watch for PA to confirm a short i.e Engulfing candles!
R
2. Daily Demand breached then small rally
3. Untested Supply Zone where price wants to retrace
4. AB=CD potential set up ( see www.harmonictrading.com/?p=124)
5. Symetrical Triangle showing price consolidating before drop!
I am waiting for 1 hr PA in the RED Supply Zones to enter a SHORT trade!
Best area for RR shorting will be 1.1550-1.1640. This is where I will watch for PA to confirm a short i.e Engulfing candles!
R
