Ratios & Harmonics: a Different Way to Trade

Quoting 6288monkey

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{quote} from my read of chart , projection has decrease , momentum has decrease , depth increase thus expect deep correction. at the same time i see that the initial correction has alot of absorption but the overall correction was not really strong just lack of bull sign , from the read of chart bull will atleast has a push up even if the expectation failed. and looking to the left the strong support was at very low area or your 3rd rectangle from top.

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Quoting Bruin813

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Battle between the bulls and the bears around the magenta line. {image}

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Quoting Eyesonthepip

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{quote} not clear of selling structure til 26135. long way to go.

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Quoting steos

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{quote} Price is being absorbed by buyers close to buying area (cyan oval) {image}

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Quoting steos

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{quote} rescue mission in play {image}

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Quoting bmdenton23

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Forgot to post my trades from yesterday. In general the bigger the push, the looser my trail. +221, +4, +44 {image}

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Quoting Bruin813

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Suppose you have a textbook Gartley. Price reaches the 127.2, but does not trigger your entry and then price takes off. The first target (38.2) is not reached and price approaches your entry again. Is the pattern still valid and are we happy if we now do get triggered?

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Quoting liemo

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{quote} The pattern will still be valid, however you will need to perform bar-to-bar anaylse to determine where the strength sits.

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Quoting liemo

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Watching EUR/USD for a short trade. Currently price is in a complex correction, awaiting for price to come back to area of supply and watch how it will react around the area {image}

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Quoting liemo

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{quote} seeing some harmonic confluence around area of interest. {image}

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