on the monthly chart I came across a possible 3 drive harmonic pattern. we have an ab=cd with a possible 3rd wave. if this is the case price could visit ~.85 the average bars from top to bottom is 9 bars, and if it just so happens to do so we could see this price by october. its a bit farfetched, But numbers dont lie, its not for sure either, just a possibility.
also, the white circles right on the sqzmom indicator mean that we had bearish momentum from shaded green to the last red bearish momentum bar. it happened with both waves, we could see a similar severe drop on the following shaded green bars. ;)
also, the white circles right on the sqzmom indicator mean that we had bearish momentum from shaded green to the last red bearish momentum bar. it happened with both waves, we could see a similar severe drop on the following shaded green bars. ;)
:D