After completing the pattern of class A harmonic in the wedge range and after climbing up to the range of 0.84171 and 70.7CD from the last log of the pattern.
Now, we can expect a reduction of up to 2 important static ranges at the intersection with the pivot points at 0.84066 and 0.83910.
The range of 0.84066 is very important and actually a confirmation for the next target.
Between the C peak of the pattern 0.84345 and the current peak, we also see a negative divergence, which requires a break of the 0.84066 range to be confirmed.
The range between two specified targets also has a resistance property
Now, we can expect a reduction of up to 2 important static ranges at the intersection with the pivot points at 0.84066 and 0.83910.
The range of 0.84066 is very important and actually a confirmation for the next target.
Between the C peak of the pattern 0.84345 and the current peak, we also see a negative divergence, which requires a break of the 0.84066 range to be confirmed.
The range between two specified targets also has a resistance property
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.