Around the D leg of the harmonic, is a good confluence point where I can see a very good risk to reward ratio..
It's probably good to wait how price reacts around that zone before committing to a buy.
Also monitor what DXY is doing in conjunction to this, if DXY is very strong i'll stay out.
It's probably good to wait how price reacts around that zone before committing to a buy.
Also monitor what DXY is doing in conjunction to this, if DXY is very strong i'll stay out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.