GBPUSD, long setup with good RRR around 1.2620-1.2640
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Disliked{quote} If the euro fails to reverse on bearish Gartley pattern target might be higher...but all depends on the TF we are based our trades on. {image}Ignored
Disliked{quote} If the euro fails to reverse on bearish Gartley pattern target might be higher...but all depends on the TF we are based our trades on. Here is intra-day view...{image} {image}Ignored
Disliked{quote} How did you get the 2.618 fe at 1.1420? I missed that again!Ignored
Disliked{quote} I'm thinking shorting 1.1450-1.15 will be good for a 100 pips trade. but when I look at the weekly chart, I have 1.16 as a target for this upmove {image}Ignored
Disliked{quote} shahab8b, I am small fish, I trade combo charts; 30M for the setup and 5M for the trigger, quick to the take the profit or the loss...target usually 20,30,60 pips/points depends on which wave I trade. Different story with YM, MYM (futures) which has 600 points daily range and with this instrument, I use 15M-3M combo charts...Ignored
Disliked{quote} I do a lot of those smaller tf trades as well. BTW, what do you think of this wave count for S&P500? today's sell off is quite aggressive. {image}Ignored
Disliked{quote} shahab8b, I have the same pattern on YM, MYM, but my first corrective leg (a) goes to 38.2% of the entire move up-12345- (that's the rule but market will decide)...Ok, I did the ES chart ... {image}Ignored
Disliked{quote} Ok, I was thinking abc ending at wave 4. but you're the EW expert. Thanks for the chart as always {image}Ignored