AES Corp. has retraced 88.6% of its Feb/Mar range
This may be setting up a Bearish Harmonic Bat Pattern reversal
Adding to this is an ABCD pattern (in green) where CD is a 1.27 extention of AB at the current price.
Let the pattern develop and roll over as it is a reversal and going against the recent trend, before deciding to initiate/exit an existing position.
S.
This may be setting up a Bearish Harmonic Bat Pattern reversal
Adding to this is an ABCD pattern (in green) where CD is a 1.27 extention of AB at the current price.
Let the pattern develop and roll over as it is a reversal and going against the recent trend, before deciding to initiate/exit an existing position.
S.
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