DislikedI can almost see the top!!! heheheheheheh... Please keep voting on me, I want to stay in the house!!!
ps: sorry for offtopic and for those still on battlefield! we are together!Ignored
Great!
just do it
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DislikedI can almost see the top!!! heheheheheheh... Please keep voting on me, I want to stay in the house!!!
ps: sorry for offtopic and for those still on battlefield! we are together!Ignored
Dislikedgood day,
i dont trade today (not active )
missed all posts, fogive me, i dont´want to read the last 40 pages
i hope you all could gain some green pips!
BTW: Mok1one thank you very much for your vouch.
I look at the chart:
red circles - bounce of the Midbollinger when EMA7 get´s close to it - the bounce ends about
in the Bollinger deviation 3 (i use only the 2.5 for better visibility)
cyan circles - retrace at the Bollinger deviation ok this part is clear but it is a funny coincidence
as it fits perfect...Ignored
Dislikedhttp://www.forexfactory.com/showthre...08#post6222308
UPDATE on chart
This could be a good place to scalp for long, but have to keep in mind there is still a little room to go down.
5MIN ChartIgnored
DislikedRight now it is a beautiful textbook bullish flag
And I could also think of a bearish pattern that it could be making. But this formation still needs some time.
HH would confirm this as a flag and will cancel the other pattern.Ignored
Dislikedactually no way to know what will be the outcome but i think that a bullish flag is the more likely scenario because of bullish fundamental environment for at least a retest of 1.29 after it s my personal viewpoint .
the only thing is that the chanel is confirmed yet with 3 touch each sideIgnored
DislikedAgree with you. Flag is the most likly scenario right now.
Also the 3rd lower touch you are talking about is a confirmation for the untested channel line i posted in http://www.forexfactory.com/showthre...63#post6222963 (lower channel line marked with red)Ignored
Dislikedyep right it fit almost perfectly
my forecast are often wrong but for me it s better to have an anticipational trading than a reactional trading
(it drastically improve the RR ratio by decreasing the SL size (for me) )Ignored
Dislikedthen you might also like that bearish scenario
Statistics
Here are some statistics about the ascending broadening wedge:
- In 80% of cases, there is a downward exit
- In 75% of cases, the ascending broadening wedge is a reversal pattern
- In 60% of cases, the target of the pattern is reached once the support broken
- In 21% of cases, a pullback occur on the support
Notes
In 76% of cases, the exit is made in the side of the movement that preceded the shaping of the ascending broadening wedge
- More trend lines of the wedge are...Ignored
Dislikedvery good description of ascending wedge, well studied and shared here but I´m expecting a narrowin zone on 4 hours, which will be a bullish pennant in the next hours...so, nothing decided, yet!!Ignored
Dislikedi think that the wedge will hold on tomorrow that we till touch the top of the wedge (good target for long) but i am also 100% sure that in the US session the weekly candle close sell-off will start to print a pretty upper wick the the weekly candle (each candle need a reasonable wick)Ignored
Dislikedvery good description of ascending wedge, well studied and shared here but I´m expecting a narrowin zone on 4 hours, which will be a bullish pennant in the next hours...so, nothing decided, yet!!Ignored