Confluence of potential bearish shark PRZ and ATH resistance
Something interesting that was picked up on my new harmonics indicator.
Fairly strong potential bearish shark is forming, with XA and BC retracement levels (4767.36 and 4840.53, respectively) in confluence with the ATH resistance zone.
If this were to play out, we could see a high probability double-top unfold in early 2023. But that's a big "if". I still think a deeper dive is more likely in the near term:
Fairly strong potential bearish shark is forming, with XA and BC retracement levels (4767.36 and 4840.53, respectively) in confluence with the ATH resistance zone.
If this were to play out, we could see a high probability double-top unfold in early 2023. But that's a big "if". I still think a deeper dive is more likely in the near term:
