Disliked{quote} Great! Either you send me your mail via PM or you apply for editing on the sheet.Ignored
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Disliked{quote} Great! Either you send me your mail via PM or you apply for editing on the sheet.Ignored
Disliked{quote} Update on EURUSD D1: My expectation on price action is fulfilled now and smaller abcd is nearly at its "d" point. What do you think would be the future movement of the price..? path (1) or (2) ? {image} For the time being , the long term trend expectation would be "long" positions, at least till the end of the common portion of the 2 path (upper boundary of the channel and 1:1 harmonic).Ignored
DislikedHello traders, I have attached a screenshot. So the light blue is AB=CD. The dark blue is ABCD pattern. There was double confluence where they both added up, and price seems to have gotten to the 38.2 already. But, the dark blue, eg the ABCD pattern, it did retrace passed the 61.8 and did not close beyond the 78.6, and it did do the 1:1 harmonic line. So whats the problem? The problem is it didn't get anywhere near close enough to the 127fib. I wanted to ask, is there enough confluence to have gone for a buy using the AB=CD and the big dark blue...Ignored
DislikedHello traders, I have attached a screenshot. So the light blue is AB=CD. The dark blue is ABCD pattern. There was double confluence where they both added up, and price seems to have gotten to the 38.2 already. But, the dark blue, eg the ABCD pattern, it did retrace passed the 61.8 and did not close beyond the 78.6, and it did do the 1:1 harmonic line. So whats the problem? The problem is it didn't get anywhere near close enough to the 127fib. I wanted to ask, is there enough confluence to have gone for a buy using the AB=CD and the big dark blue...Ignored
Disliked{quote} Hi: I redraw your trend lines over the order flows, indeed you have 2 abcd from a shorter term OF and one ABCD from the longer term OF. and you did have the confluence at your A point from a shorter and a longer term abcd both reaching their d point and ending in a complex correction. From here my expectation is correction of the longer term ABCD to somewhere around its CD leg length. {image} and please when you post a chart it would be of great help if you determine the instrument and its chart type and time frame.Ignored
Disliked{quote} {quote} Thanks guys. The chart is EURNZD, 5minute time chart that is from the very last part of last week. By instrument you mean whether it's a tick chart or a time chart? I redrew the lines in different colours and put letters on the respective colours and uploaded another screenshot. The yellow one hits 127 but the 127fib was not drawn based off the yellow, it was drawn based off the blue one. The yellow actually didn't give confluence. Unless I'm mistaken? So where the aqua blue "C" "D" in capitals, is that still an AB=CD or not, like...Ignored
Disliked{quote} 1) By instrument i meant the currency pair you are trading. 2) I believe, Your aqua blue ABCD has been invalidated when price has moved above its A point. 3) Structure is more important than fib, don't forget : "Structure is the king". 4) Look to the left and draw the areas of supports and resistance, they get more strength , if they are also present in the higher time frame. 5) The graph below is the same currency pair and same time frame on my Mt4 platform and your BLUE AB=CD , as you can see there is a nice areas of support and resistance...Ignored
Disliked{quote} Hi : Update on EURUSD D1: In contrast to my expectation, price choose the 3rd path that i did not expect, and went through the formation of an extended CD leg of the "yellow abcd", exactly to the 1.618 of its "ab" leg fib extension, so i redraw the trend lines and my expectation would be bullish for the next several days to weeks. {image}Ignored
Disliked{quote} EURUSD M30: A potential bearish Bat pattern at its "C" point......?? {image} (Saddled horse ready to ride Long way North..??)Ignored
DislikedHello traders, I have attached a screenshot. So the light blue is AB=CD. The dark blue is ABCD pattern. There was double confluence where they both added up, and price seems to have gotten to the 38.2 already. But, the dark blue, eg the ABCD pattern, it did retrace passed the 61.8 and did not close beyond the 78.6, and it did do the 1:1 harmonic line. So whats the problem? The problem is it didn't get anywhere near close enough to the 127fib. I wanted to ask, is there enough confluence to have gone for a buy using the AB=CD and the big dark blue...Ignored
Disliked{quote} There is enough confluence. Remember, that the market strives for symmetry. I care more about structure then I do about the ratios. Sure it's nice to have at least the 127 as that is a ratio exhaustion area but we can't have everything you want.Ignored
Disliked{quote} Hi Damian: I have answered his question in 2 consecutive post with no feedback on my response, may i please have your idea on them too?Ignored
Disliked{quote} There is enough confluence. Remember, that the market strives for symmetry. I care more about structure then I do about the ratios. Sure it's nice to have at least the 127 as that is a ratio exhaustion area but we can't have everything you want.Ignored