mean price will go up to 134/135 first before go down....?
AgentHK
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@FendyKb, No, harmonic patterns are different, this is the logic behind it: 1- The market look bearish and it may start going down from this point BUT if it reach that area I have identified, then we expect the market the fall.
Harmonic does not tell you the price will reach the area, it just say it will fall from that area.
FendyKb
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@AgentHK, thanks for your explaination... i thought we must wait at the reach D for sell...
AgentHK
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@FendyKb, Harmonic Patterns say to sell at D point and not before, but it is not always going to reach the D point.
For me I will recommend to wait for it to reach the D point to be in the safe side
FendyKb
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@AgentHK, owh..okey. Noted. Thank you for your explaination...