RWM harmonic pattern update
Travellers International Hotel Group, Inc.
RWM has potentially completed the Bullish Butterfly harmonic pattern with PRZ around 2.95 (2.88~2.99 range).
See previous analysis of this harmonic pattern for more reference:
https://psetrends.blogspot.com/2017/06/rwm-potential-harmonic-pattern.html
Trading Plan
- Test buy or wait for reversal pattern confirmation around the PRZ area.
- Set stop-loss a few points from recent swing-low.
RWM has potentially completed the Bullish Butterfly harmonic pattern with PRZ around 2.95 (2.88~2.99 range).
See previous analysis of this harmonic pattern for more reference:
https://psetrends.blogspot.com/2017/06/rwm-potential-harmonic-pattern.html
Trading Plan
- Test buy or wait for reversal pattern confirmation around the PRZ area.
- Set stop-loss a few points from recent swing-low.
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