It is important to find the patterns with confluence of fibonacci ratios pointing to the same zone. As you can see in harmonic patterns at least three ratios are used. I advise you to get at least two more confirmations before you make a decision to enter.
where can one learn more about these "harmonic patterns" ? What resource did you use to learn this ?
Thanks kindly, it always surprises me how spot on these are.
Alexander_Nikitin
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@console, I have learned the patterns from the original resource: the books of creator of Hamonic Patterns. The guy is Scott Carney and the books are: Harmonic trader, Harmonic Trading Vol.1, Harmonic Trading Vol.2 Harmonic Trading Vol.3.