Great shorting Opportunity ! With Close Stop Only!
Market formed a double top and now pulled back a little. Now its time for the new downrallye !
Again we want to pick up this beautiful downtrend with a nice Risk Reward Ratio!
If market does not retrace at the blue line it will move all the way up till the 0.886 fib ratio =)
Either the marked will hold this blue box or it will fall all the way down =) Regardless which way we will make money =)
The market must spike into the 0.50 Retracement but Close above it at the M5 Chart for a valid Setup!
Guys again like before we have to wait what the market will do in the PRZ! Always look into the commends!
Wait marked to test the PRZ for a valid Setup Again this COULD be a POTENTIAL Reversal Zone!!
Two harmonic Patterns completing at the same area! COULD be a nice retracement area! We have to wait what market will do ! Do not just execute the trade blind!
Wait for the execution til the market has tested the whole PRZ. Just execute if there is a valid Setup ! Move your stoploss depending on the Price Action in the PRZ! Always Keep in mind that this is an Area where the marked COULD retrace! So wait for the initial test of the PRZ before executing! I will write into the commends what we have to do!
Yes we have a Little Long Bat pattern right there but it wont hold because it failed with a extreme move! makret is likely to break down!!
nice structure and resistance trade again wait for valid reversal at PRZ
We are right before this powerful PRZ, a completion point of two powerful harmonic Pattern! If market hits this area and respects it (I will write it into the commends), we will buy the market! If market fails to reverse at this important Zone, this would be a Signal that the trend is still strong enough to hit lower Level till the 1178.00 !
very agressive trade, but if market fails to revers at the AB=CD market will move down till 112.000! Wait market to test the whole Potential Reversal Zone before executing the trade!