Major potential reversal zone on NASDAQ (7619)

INDEX:NASX   Nasdaq Composite
Of course in this crazy bull market, talking about reversal zones is always funny.
But well here it is.
If you believe in harmonic patterns , we have an almost perfect Bearish Crab , with an eye (B) between 38-50% of the dotcom krach. The subprime krach felt to 91% (very close to 88.6%)
And the PRZ (potential reversal zone) is at 161.8%, which is 7619 points.
If you're willing to trade it, one could wait for the prices to go slightly above 7619, and wait for a sharp fall from this level. A short entry would be below 7000 ( trend line breakout) with a stop loss above the all time high.
Target would be ... very low.

Note : the pattern is quite huge, prices could touch 7800 without invalidate it. As long as it falls below 7619 after this.
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