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MY NEW PATTERN
Anggota Sejak Nov 21, 2011
1718 pos
Jan 15, 2014 at 16:23
Anggota Sejak Nov 21, 2011
1718 pos
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.
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Nov 21, 2011
1718 pos
Jan 17, 2014 at 22:01
Anggota Sejak Nov 21, 2011
1718 pos
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
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
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Nov 21, 2011
1718 pos
Anggota Sejak Jan 14, 2014
386 pos
Anggota Sejak Nov 21, 2011
1718 pos
Jan 25, 2014 at 15:32
Anggota Sejak Nov 21, 2011
1718 pos
Here a very nice example on EURUSD last friday 01/24/2014
Sell signal has been issued at the end of the bullish pattern which is also the end of the price action.
Trading is about timing... When it the right moment to enter a trade? PRZ gives momentum for the action.
Look at the chart below and compare both:
Sell signal has been issued at the end of the bullish pattern which is also the end of the price action.
Trading is about timing... When it the right moment to enter a trade? PRZ gives momentum for the action.
Look at the chart below and compare both:
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