EUR/CHN Take Your Pick! Bat Gartley Crab3 different harmonic patterns presenting themselves here- the most complete of the 3 being the bullish bat, in red, where each of the main points are bang on so far. Next, in the blue and green, we have a gartley and crab patterns respectively, both also bullish. The latter couple sharing X,A, B AND C levels, with only the PRZ (potential reversal zone) to differentiate the pair. Happy Harmonising!
Bat Ratios:
AB: 0.382-0.5
BC: 0.382-0.886
CD: 1.618-2.618
XD: 0.886
Gartley Ratios
AB: 0.618
BC: 0.382-0.886
CD: 1.272-1.618
XD: 0.786
Crab Ratios
AB: 0.382-0.618
BC: 0.382-0.886
CD: 2.24-3.618
XD: 1.618
EURCNH trade ideas
#EURCNH: Bears Around, Strong Downside To Be Seen! #ForexTraders,
After a rounded top in a bull retracement after the bear impulse leg, it's now clear that the bears are back in here for a continuation short. Expecting some good lows here off of this level. This could be the springboard for a longer term correction.
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Best regards,
Tom
#EURCNH-UPDATE: SHORTS: SEEKING DEEPER CORRECTION MOVE #FOREXTraders,
UPDATE: In the money significantly. Still holding shorts with a lot of confidence
Nice bear trade here to the lows. Shorts to the mean likely.
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Best of luck,
Tom
#EURCNH-Update: Shorts, Moving Into A Deeper Correction! #ForexTraders,
UPDATE: We made a fortune with this breakout trade and we are still holding. Well done to my group for catching this trade with me.
Nice bear trade here to the lows. Shorts to the mean likely.
-----Interested in joining my professional signals group, or receiving my professional online personalized trading tuition? Message me here on Trading view or email me with the email address on my Trading view profile page-----
Best of luck,
Tom
#EURCNH: Shorts Likely: Seeking Deeper Correction Move #ForexTraders,
Nice bear trade here to the lows. Shorts to the mean likely.
-----Interested in joining my professional signals group, or receiving my professional online personalized trading tuition? Message me here on Trading view or email me with the email address on my Trading view profile page-----
Best of luck,
Tom