I had this setup for eur pln.
but the pitfork line that wasn't connected yet stopped it.
but the pitfork line that wasn't connected yet stopped it.
Chart Pattern Discussion 4 replies
Daily Chart Trading Discussion 336 replies
Chart patterns and trendline discussion.... 293 replies
Dislikedthe 3 dives failed.
it looks like a gartley but no ab=cd pattern.
last chance or i am out.Ignored
DislikedIt happens to be the case with other harmonic patterns too. Its impossible to have AB=CD within "perfect" levels.Ignored
Dislikedits impossible to get an AB=CD pattern with the exact levels here:
http://www.harmonictrader.com/price_patternsgartley.htm
(C=88.6 version)
i just hope its good enough without.Ignored
Dislikedits a messy situation but i closed my trades..
becouse i found this.
possible confluence between channel, fib extension and 161.8%AB=CD pattern
its almost a butterfly but not all levels are right.
also the last wave would match a fib which i left out becouse of messyness.Ignored
Dislikedhi TLC... i am trying out the korharmonics indicator.
it gives me this on your level.Ignored
DislikedFew things to notice:
1. Look the wide range it gives you for D, the rectangle area is the entry in your indicator.
2. Look the C to D wave, it was acceptable for the first D area (haven't seen the values for the pattern) but for the second D area is dosen't have the symmetry I like to see for harmonics.
3. As usual, if D for the harmonic and D for the AB=CD pattern are in confluence, I'd give it a try.Ignored
Dislikedi know what you mean.
just saying i am trying out the indicator.
when i search for harmonic patterns i want an AB=CD pattern in it.
many people use the indicator, there has to be a reason for that.
i have seen it work now more then once.
but then, when it doesn't work the pattern just disappears.Ignored
DislikedIgnored
DislikedAre you still holding? It is going for the 4th test, ranging around D levelIgnored
DislikedAlso notice it is making a HH at each test. Thinking it'll drop is just hoping at this point LS.Ignored