slrocheleau

slrocheleau

Butterfly with a Gartley at the D leg Completion

slrocheleau Updated 

I don't usually trade Triangle Breakouts but this is a rare occasion where something saying I should. AB=CD Completes at 7135 and our short T1 - from 7135 - will be 6970. We will see what she wants to do from there. RSI 14 also confirms 1 more upwards push by double bottoming and rejecting at thevRSI 50% range. Let's Get this money, Fam. Don't hesitate to...

slrocheleau Updated 

Let' get it

slrocheleau

Will be watching RSI for confirmation along with a terminal bar at the PRZ. I will def let you guys know when or if I the this trade at the 88.6% or at the 113%

slrocheleau

Keep an Eye on here in this zone and Watch your RSI for cinfirmation. Tight Sl on this as well.

slrocheleau

The B point retracement must be a 0.382 retracement or less of the XA leg. The Alternate Bat pattern utilizes a minimum 2.0BC projection. In addition, the AB=CD pattern within the Alternate Bat is always extended and usually requires a 1.618 AB=CD calculation.

slrocheleau Updated 

I'm personally going to wait to take this to see if it goes to the 113% . XRP can be costly if not precise on your entries. Remember our goal is to minimize risk while maximizing our profits.

slrocheleau Updated 

Let her come to us so we can trade stress free and confident. Maximizes risk while minimizing our profits.

slrocheleau

Be nice if she fell out before close lol

slrocheleau

Active Trade

slrocheleau Updated 

5-0 PATTERN "The 5-0 pattern is a distinct 5-point reversal structure, discovered by Scott Carney that typically represents the first pullback of a significant trend reversal. It is a relatively new pattern with 4 legs and specific Fibonacci measurements of each point within its structure, eliminating room for flexible interpretation. The following measurements...

slrocheleau Updated 

The Harmonic Bat pattern has the following characteristics which can be used to identify the Bat pattern. AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace up to 88.6% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of BC leg

slrocheleau

Short @ 1.3555 > SL 1.3600 Shark pattern is a combination of a ‘failed’ wave, an extreme harmonic impulse wave and the famous 0.886 retracement. RULES: B point needs to be in range of XA projection – minimum 1.13 but NOT exceed 1.618 C point needs to be in range of AB projection – minimum 1.618 but NOT exceed 2.24 C point at 0.886 0X (not 0B) retracement or...

slrocheleau

SHARK The Shark pattern is a distinct 5-point reversal structure that was discovered by Scott Carney in 2011. It is similar to the Bat Pattern, except for the C point exceeding the BC leg. It can point to a strong counter-trend move. The potential Reversal Zone (PRZ) is defined by the following harmonic levels: the 0.886 retracement of initial leg and the 1.13...

slrocheleau

he Bat pattern requires some very specific rules that be followed strictly to be considered valid. RULES: B point at a less than a 0.618 retracement of XA, preferably a distinct 50% or 38.2% retracement. •D point need to be in the rage of BC projection. And BC projection must be at least 1.618 and maximum 2.618. • AB=CD pattern is usually extended. (CD= 1.27 AB or...

slrocheleau

I'll keep you guys posted if anything changes from now to then

slrocheleau

Active Trade The Bat pattern has the following characteristics AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace up to 88.6% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of BC leg

slrocheleau

The Shark pattern has the following ratios. BC leg extends XA leg between 113% – 161.8% CD leg extends beyond X by 113% of the XD leg CD leg is also an extension of BC by 161.8% – 224% Unlike other harmonic patterns, the trades are entered as follows: Entry is at 88.6% of OX leg with stops coming in at point C Targets can be 61.8% of BC