price seems to be moving mainly in 3 large waves so lets assume every 5 waves will form an ABCD
or WXY with one leg being different from the other. currently we have two moves in play PHILLIPS 8 harmonic pattern
my very own discovery and an ABCD
, which will it be? ill use my Time Space technique. on the chart you will see blue rectangles i use them to measure time and space to catch the next move, currently price entered a time space zone close outside the top is a buy, bounce off top sell, close outside the bottom sell no buys at the bottom as greater pattern rule. when price gets to the PHILLIPS 8 harmonic
buy point if price bounces off the buy point you may buy tight stop placement, close outside top of time space zone hold buy to .382 - .50 based on how it corrects we may be able to buy again to .618 - .886 and we can start looking to sell again as we are in a large flat correction
of what is most likely an ABCD
that can take price to 2.075 area we are in CD leg at 2.075 thats the price for swing tarders to buy place stops below 0 and hold to pockets content. LIKE IS YOU AGREE COMMENTS ARE WELCOME.