A gartley on the AUD/CAD on the 4h, ca 25 pips from entry, you can also see it better on the daly chart. Fair RTR on this one. Something for you Harmonic traders out there going into next week :)
Info on the chart, something to consider going into next week !
If the market keeps dropping we have two patterns forming, if the market goes up, please see analysis of trade in the link named " Planning both ways "
So we got alot of influence both to the up and downside, UPSITE = an ABCD with the 618 retr. of the 4 h and a nice fib cluster, we still have to brake our first resistance to get there DOWNSITE = If the market drops, we have a gartley pattern and a nice structure level just below our entry, make sure you give the market space to breath, and place your stops 1 or...
Reasons written on the chart, the DB could be found on the 15 min ( if it happens ) or you could wait for it on the 1 h chart ( if it happens ) nice structure looking left, but i need the DB for further conformation. Follow us on twitter : twitter.com Follow us on instagram :https://instagram.com/forexviewers/
Waiting for a dt, seeing if resistance holds, If When = DT Then I = sell Stops = 1 atr above dt Targets = fib 382 and 618 of the AB=CD
Here are our 2 next levels of interest, we will also be watching the lower timeframe for some entry techniques
Just an update on the Eurusd, simple trade cont. As you can see we are getting close to entry, you could also go on to your lower timeframe and look for an entry techniques, candlesticks and so on. Good luck :)
Looks like a solid trend cont. trade right ? But where to put stops ??? keep that in mind, RTR does not add up here, so I would need the market to dip lower A potencial Chyper pattern if the market keeps dropping
Wait for the pullback to come into Pre, structure, remember to wait also for YOUR RTR to be on your side, don't rush, thats a fools game ! :)
We are currently on a support level drawn out from the 4 hour, the bat pattern comes in a little lower, both trades follow the underlining "big" picture trend.