BLOOM has completed the Bearish AB=CD harmonic pattern after fully testing the PRZ (Potential Reversal Zone) around 8.30 (took a while via upward price channel consolidation). This is also a potential profit taking area for a short term position when trading the harmonic pattern.
See previous BLOOM analysis:
https://psetrends.blogspot.com/2016/09/bloom-forming-potential-bullish.html
Trading Plan
- Sell or take profit around the PRZ.
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