If we think that there will be a harmonic pattern, the resistance and support points should coincide with the specified areas on the chart.
When we examine the price levels and the resulting pattern, it is clear that a harmonic pattern is about to form.
Assuming that the XAB legs are formed, we can predict exactly where the C and D legs will extend.
I see that the indicator data supports this idea. From the EMA data, we can think that this movement will not end the uptrend, on the contrary, it will continue.
Note: This is not investment advice.
When we examine the price levels and the resulting pattern, it is clear that a harmonic pattern is about to form.
Assuming that the XAB legs are formed, we can predict exactly where the C and D legs will extend.
I see that the indicator data supports this idea. From the EMA data, we can think that this movement will not end the uptrend, on the contrary, it will continue.
Note: This is not investment advice.
