DX has completed a Bearish Crab at its extreme PRZ target. PRZ aka Potential Reversal Zone, is the completion target of a harmonic pattern. There’s also an emerging pattern as shown on the left chart with brown dashed … Continue reading
Daily Archives: September 21, 2014
Premium Members Preview EURO Testing Harmonic Pattern PRZ
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6E completed a Bullish Bat harmonic pattern at the 1.2910 PRZ (Potential Reversal Zone aka a harmonic pattern’s completion target). Failure to retrace to its ideal minimum target of 1.3283 implies a test of 1.2769 or 1.2608, downside continuation ideal … Continue reading
Premium Members Preview DAX Has Retraced Bullish Pattern Symmetrical 88.6%
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DAXZ14 bigger picture chart shows a bullish pattern, blue colored named Alternate Bullish Crab, has retraced 88.6%, this is a symmetrical retracement and the maximum target for a potential new harmonic pattern’s leg. A hold below 9924.6 has initial pull … Continue reading