Agreed ... bounced up today off the 23.6 retracement, but couldn't break above the 50 SMA on the 4H. Looks to me like it will retest the 50 tomorrow (2162) and then down to 2129 (200 SMA).
captain_smollett
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That would be a really good scenario indeed! =)
SharkbaitAl
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Excellent analysis!
captain_smollett
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Many thanks, appreciated! =)
htgroup1
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Very detailed and clear analysis based on the harmonic. The 4H chart shows bearish RSI and Stochastic as well, so entering as well based on Monday's direction around 10 am EST using SQQQ.
captain_smollett
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Thank you, Sir! Appreciated your comment =) Have a good trading!
captain_smollett
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I´m missing a leg E in this triangle. If I´m not wrong, the triangle is bullish and we have to move to the new all-time highs afterwards. Notice a possible butterfly pattern