About meNorwegian part-time currency trader. Getting trading education from TradeEmpowered 12WT course.
Currently full-time employed in the IT industry while growing my account.I therefore mostly trade 4H as it fits my lifestyle best at the moment.
Overall trend on higher timeframe is bullish.
I predict price to extend up to 0.78350 which is the previous major structure to the upside.
We are nearing the D-completion of a bullish Bat on my trading timeframe, which is the 4H.
I'm aiming for traditional targets at 0.382 and 0.618 measured from A to D.
Just hit my D-completion of this Gartley.
Hovering around the entry now, so might still be possible to get involved.
Price had just broken to the upside after a period of consolidation, and retraced right around structure.
I was eyeballing this level for a potential short, and was looking for an entry reason when I spotted this pattern and entered immediately @market.
The stars align on this one.
We have a potential bearish bat forming with D-completion right above the even 114.500.
We also have a potential AB=CD formation at D-completion.
On top of that we have structure right above the same level, and 3 fibonacci levels forming a cluster around the same point.
Could trade this with traditional targets, or shoot for extended...