So we have a bullish situation right now Asian session has begun, I saw a bat pattern completion. So maybe there will be a retracement to 38.2 or 61.8 before the rise back up. Lets see what will happen. I am in a sell now on this retracemenet for a few pips. I will call this a scalp.
The use index will assist you in trading pairs. USD will be bullish in the coming days and week. Stay tuned! I am going to wait i see the buy signal on D1 and then jump to H4 maybe H1 for entry. Now the wait begins!
Cypher pattern forming on the on 2hr chart. I think i will wait for completion before entering, or depending on the setup, i may take the rid up
I am hoping AU completes this harmonic pattern. But no matter what i will follow price. Right now it is sitting on a 50% fib ratio. Since that is a halfway point. I will need to be careful since price can go either way. On the daily time frame it has closed very bullish, but let's see where price opens on Sunday.
About to complete this harmonic pattern. soon to flow to the downside to 78.6 and complete this harmonic pattern.
As I sit in the bushes waiting to snip this pair,and watch it bleed pips. The wait tests your patience, but then anticipation builds and I begin to enjoy the wait... I almost forgot about this markup. The Daily candle closed with an inverted Hammer at 38.2 fib level. Strong reversal candle and strong reversal level. It is only about 100+ pips to my reversal point...
Waiting on a Daily time takes a lot of patience, but it will pay off in the long run. I see sell signals, but since I am at a 50% Fib level and it could go either way, i will wait until my support if fully violated and get in on the trade. Since I waited this long, I can wait a few more hours, or days LOL!
Look like a retest before this drop happen. Get on the trade at Break and retest of TL. It's not drawn out but this is a completion on the D1 time frame of a harmonic pattern. So pips for days!!!!
Many different options here, so patience will be needed before I get in this trade
Watched this pair and then forgot about it. When I return I saw that I missed my entry. So now I am looking for an opportunity to jump on the train.
IF this harmonic pattern completes I am looking to revers at 88.6. If it Breaks my resistance and does a retest, I assume a bullish trend for some nice PIPS
Charted it out, but the charting and waiting for completion is just the beginning. Now to get an optimal entry point and get those pips
Waiting for price to break and retest and then I will enter on either a buy or a sell. Without my charts being clean, it may be a challenge for me to execute precisely
I will wait for strong seller's to enter the market before i take the sell, but the real confirmation is break and retest of the TL
Well, I see a downtrend, Just learning harmonics, so I guess I just have to wait and see if price will complete this pattern. Great way to learn discipline and patience.
Working on keeping it very simple by drawing out the market flow as well as using my fibs to determine the retracment levels and continuation as well as entries. Price is currently coming to a strong level of reaction.
A little bit of both going on here at the moment... that is why patience is key!
I will go Long if it break my orange weekly resistance.