It's not looking good for my beloved bearish crab but this red TL seems to be doing it's job. If that 4H can close under the TL and under the B then the Crab is back in business. If not, well my shorts will be closed in slight loss and I'll wait for for PA to find another short entry.
Kommentera:
Looks like the TL isn't holding and this harmonic is dead. Only thing left for the bears is the RSI on 1H is becoming overbought being above 70 at time of writing this update
Kommentera:
Red TL held! Not sure if a harmonic can be invalidated, any thoughts on this matter are more than welcome.
