HarmoniDot

HarmoniDot: PRZ + FibElliDott

HarmoniDot is also abbreviated as "HMD." When a Harmonic PRZ has formed either Bullish or Bearish, wait for a FibDot to appear within or touching the PRZ, which forms the HarmoniDot strategy. The direction of the potential trade considered should be in the same direction as the color of FibDot.

Optimally, stop losses can be placed behind the FibDot.

Targets are determined by using the Small or Big Target ATM Strategies, depending on other factors such as higher time frame bias, MACV ULTIMATE and SMLK Timing Lines, etc. See more HMD's.


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