MY NEW PATTERN

so You waiting for 140. 000-ish and take a long buy position?? Me to , but it will be most probably in monday -tuesday next week hope so anyway we have to wait few days

sommerxp posted:
so You waiting for 140. 000-ish and take a long buy position?? Me to , but it will be most probably in monday -tuesday next week hope so anyway we have to wait few days

Yes...

If it can't bounce or hold... price will start a bearish pattern on BB Low H4.

Here just a nice bullish pattern on NZDUSD Min30:




That was a bullish Pattern:

- So the begining is a long signal. (Step 1)

- The end of the pattern suggests a sell signal. (Step 3)


Look at both signals: 15 SL pips was enough.

Market looks kind and it's willing to offer the Long entry on 38% Fib



You have noticed that BB on H4 is now straight and narrow again... meaning that a price action is ready to happen any time.


So as it gets close from BB Low, market could break 38% Fib and starts Step 1 of bearish Pattern. This would lead to the continuation of the 'Inside (Step 2)' on Daily Pattern and market will retrace to the 50% Fib.



The Pattern is easy to follow and understand... it's like a matriochka

true a big whiskey 😐

Support bought @ 140.55 SL 10 pips is enough

A very tight SL as Bearish pattern is on Step 1 on 15Min, 30Min, H1 and it would be on H4 price closes below 140.50

Ok Let's go to 50% Fib

Very good system!

Thanks