Here is how my charts are set up. Slimmed down to two pairs EUR/USD & GBP/USD. For the most part these two pairs trade in the same direction.
Top - 1H for entry and exit (pivot swings).
Bottom - 4 hour for directional bias and daily support/resistance levels.
Major daily/weekly resistance level @ 1.5920 and support @ 1.5660 the last 3 days have been stuck in the same range.
GBP/USD looks exactly like a Bat pattern. Not sure what to fib requirements are though (haven't traded harmonics in a while). We'll have to wait and see if it reverses. Wont be trading it even if it does unless this system calls for a entry.
Just a little weekend studying thought I'd share.
http://i1083.photobucket.com/albums/...week_setup.png
Top - 1H for entry and exit (pivot swings).
Bottom - 4 hour for directional bias and daily support/resistance levels.
Major daily/weekly resistance level @ 1.5920 and support @ 1.5660 the last 3 days have been stuck in the same range.
GBP/USD looks exactly like a Bat pattern. Not sure what to fib requirements are though (haven't traded harmonics in a while). We'll have to wait and see if it reverses. Wont be trading it even if it does unless this system calls for a entry.
Just a little weekend studying thought I'd share.
http://i1083.photobucket.com/albums/...week_setup.png