


Rufio182
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since Apr 5, 2017
bitcoin
bitcoinlongterm
bitcoinshortterm
chartpattern
divergence
elliottwaves
elliotwaveanalysis
euraud
expandingflat
followyourplan
gbpjpy
gbpusd
gbpusdshort
harmonicpatterns
indicator
long
longterm
longtermshort
midterm
noindicators
priceaction
short
shorttermlong
technical
term
trendanalysis
trendline
usdjpy
usdjpylong
wave
waveanalysis
weekly
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Waiting for the Non farm payrolls to be released before getting involved in this trade, wait for a break out of the triangle pattern (in orange) for a re-test of the daily trend line.
9
Wait for confirmation before executing trades. As you can see, a descending triangle pattern from the daily chart shows huge resistance to the upside, this coincides with the advanced pattern's completion, for a potential to short the market to a retest of the lows, which also have a huge support line from the daily chart.
5
After the advanced pattern completion, a retest of the ascending trend line before dropping down to 1.37 level
8
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