Hi guys Currently the Dow Jones on 1 hr time frame is getting near to completion of a bearish bat harmonic pattern. Only the C retracement of A to B isn't quite what it should be (0.886) but the rest of the pattern looks decent. I dont know if you can call it confluence but the completion point is perfectly positioned to be just above the high that the Dow bulls are gunning for ( red dashed line. Of course waiting for the pattern to complete and then having an entry reason is a must with …
Dow nearing a bearish bat pattern completion for CAPITALCOM:US30 by
Hi guys Currently the Dow Jones on 1 hr time frame is getting near to completion of a bearish bat harmonic pattern. Only the C retracement of A to B isn't quite what it should be (0.886) but the rest of the pattern looks decent. I dont know if you can call it confluence but…
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