First, I must say I haven't been studying Harmonic patterns for more than a few weeks, so please speak up if you disagree with my analysis. Second, I was pretty shocked to see this pattern pop up in what appears to be one of the best Bakken plays. This pattern suggests you can be aggressively long until a push through 89 and then you can flip short for a new bearish trend. Will it work?? I'm not sure but this at least suggests 89.25 is huge
*note* used the BC 1.27 ext as C retraced .786 of AB
*note* used the BC 1.27 ext as C retraced .786 of AB