ANNJOO IN BULLISH HARMONIC PATTERN

Annjoo's recent chart resembles that of a bullish butterfly harmonic pattern as per its respective Fibonacci levels. Above point D level is therefore deemed as the Potential Reversal Zone (PRZ). To enter a trade, the probable EP would be 1.720 to retest a 4-hour time-frame pivot point. The probable maximum TP is 2.485, which is fibo618 and slightly below the monthly resistance of 2.530. The probable CL would be 1.615 which is below the recent swing low and also below Point D and S1. Critical range would be between 2.025 (ie daily pivot point) and 2.060 and 2.120 (ie both are yearly resistance.