1st swing should have to be weak to go up in 2nd swing.
-milkeyway
"Ratios & Harmonics: a Different Way to Trade." Summary 37 replies
Learning to trade with harmonics 11 replies
Time for Change - Pivots & Harmonics to freedom 67 replies
180 reasons to trade Harmonics and Patterns 13 replies
DislikedIs this a valid ACBD? https://www.tradingview.com/x/dq7BC8mC/ {image}Ignored
Disliked{quote} akyong, To me it does look like a ABCD pattern as per Mr.Pip rules of engagement. juliuyIgnored
Disliked{quote} Yes, indeed. Someone else at this post (http://www.forexfactory.com/showthread.php?p=7222638#post7222638) also have pointed to this one. My only concern is that price was accelerating into the PRZ, seems like Order Flow is bearish (although I am not very good at reading this). The recent structure confluence at this level was December's lowest price.Ignored
Disliked{quote} Still not sure why you entered the trade. Aggressive "C" or ABCD are the trades we're trading mostly. I see the NSH but that tells us price might move up some more but there's no trade entry. Normally we'd wait for an aggressive "C" sell in the box or wait for the ABCD completion for a long. If you drop down to an H1 then there might be more trade opportunities. Ask more questions if that doesn't help. {image}Ignored