Hi friends,Update to the previous harmonic pattern of XJO which...

Hi friends,

Update to the previous harmonic pattern of XJO which is showing an ideal BAT pattern, to those who are following the development of the pattern as prices unfold:

Observations

1. The typical ideal BAT pattern is as shown on the chart
2. The left wing has been completed as marked, while we are still tracing out the formation of the right wing which is denoted by the point D.
3. The price is trying to find its point D - the final end point D which will mark the completion of the right wing of the ideal BAT pattern.
4. For those interested in forecasting, 3 possible end points "D" have been identified with projected values of point D as marked on the chart. Please pay particular attention to the XJO when we are nearing these projected values.

Trade well, trade safe.

dascore