as on picture, we will see
:) picture explains all. Bat advanced pattern - 88.6% fibo as entry point AB=CD Supply zone - where price reacted strongly
Why not? GER30 is quite bullish, so it may be a good idea for long position based on AB=CD. I split my entries, a bit now, a bit later... TP relatively safe, based on potential Sh-He-Sh formation ;D
everything is on picture I think :) agressive SL under SR zone and below fibo level, TP - probably more, but safe I believe in on 1st SR zone and then on 2nd.
so long, quite carefull as I did not trade for 2 weeks :) I feel like I am learning this from beginning :)
Weekly tendency is bullish, so D1 looks for me like correction (from all perspectives). Brain says Brexic but souls say technically time for couple of days up, to orange supply zone. anyway - we'll see!
AB=CD plus safe SL (more than 1.27 of AB), taking into account fibo 50%. Generally tendency is quite clear - down. Based on fact we are in the middle of CD of ABCD - more probable is short than long. But again - it is forex and nothing is for sure :)
as on picture. I have now buy limit, as it looks not so bad ;)
I am recently experimenting with short TP, but also safe SL. I have noticed I had problems due too short SL. Anyway, we'll see.
S/R + 127.2% fibo of latest correction + 5000 round lever - there is big chance it will go there, and there will corrent. On current level we may have day/two console, as it is161.8% fibo of latest (smaller) correction. Well, it is what I can see here.. :-)
Recently I am trading simply RR 1:1, so here I assumed this pair has more chance to go up than down. Why long? Trend + support + (almost) ABCD. I think NASDAQ would test top and maybe then go down... Anyway, we will see :) One thing concern - difficulty to go through another green zone, it looks like SHS, so trend (locally) may change.
Given I can see AB=CD (see grey boxes) and fact we are in the middle I assumed it is more probably go down (as continuation) than up. Entry is in so-so place, better would be in green zone, however I was late... so... We will see. It is not perfect, it is about probability - so even in such place most such trades in longer perspective should be somehow profitable....
Simple AB=CD and entry unpatient. SL little further than usually.
as on picture. Suspicious thing is with fibo levels... 50% is quite close. But... we'll see
exactly as on picture...
AB=CD, so there are chances to go even to 1.14 or even 1.16. My safe TP is 1.1348, SL relatively narrow. Let's see!
I can see fibo 50% AB=CD local trend channel In longer perspective - I think south is the direction... ;)