Hi Waltpips, very impressive results so far! Are you running the pairs on 4h timeframe?
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DislikedHi guys, bullish dragon has formed on NZDCHF on 1H and 4H. I have personally had a great winning rate win this pattern so far. Somebody wants to share his/her experience with this pattern? Does somebody know who is the 'inventor/founder' of this pattern? ThanksIgnored
DislikedHi forexft,
You say that you have a great winning rate with this pattern so far.
May I ask which zup version and setting, preferred TF, and what do you use as confirmation, if any?
Well, anything you can share. Thanks.Ignored
DislikedThanks forexft.
I've read the pdf, but also saw some other approaches.
The pdf says "These two legs usually form within 5% to 10% of the price difference"
This is not very clear to me.
Does it mean that there may not more than 10% difference between the legs? (one too short leg )
I also see the pattern fail very often: (bullish pattern) price closes above trend line and immediately reverses and hits SL under the legs.
Should we always wait for price to go above the hump?Ignored