Disliked{quote} Same here with H4 S&R level need to be tested. Price may pull back to retest the BO zone earlier. (20-30 pips) BTW, you should take responsibility for creating covid 19. See the graphic below. Thanks PAT {image}Ignored
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Disliked{quote} Same here with H4 S&R level need to be tested. Price may pull back to retest the BO zone earlier. (20-30 pips) BTW, you should take responsibility for creating covid 19. See the graphic below. Thanks PAT {image}Ignored
Disliked{quote} Hi Guys, A daily close below 1.38000 and my little broken trend line (grey) could be enough to see bears go down further. Having said that, at some point, Gu should retrace and I will look towards 1.37500 for a retrace back to 1.38000 and re-entry positions. Well for me I have enough sell trades so no more for me. Judging by the time span for the down move we could come to the end of the cycle at 1.3672 ish (lower end of the green box). Should 1.3672 go we could be in for a really nice short trend. Have a great day, Cheers. {image}Ignored
Disliked{quote} Hi V, You are correct. For it to be an engulfing, it has to close below or above previous candle. With my limited experience with candlestick and judging by the close, last month's candle is not and ENGULFING rather a HARAMI.Ignored
Disliked{quote} I remember also Steve Nison, in one of his books, says that some pattern definitions were slightly different between Japanese traders. That's why asked if Bones has a different definition. In any case it's Engulfing with the Daily close he uses. For sure is an outside bar If we don't want to call it Engulfing, it's a fantstic Dark Cloud As I wrote, maybe it's not important the name of the pattern, if it is 20 pips more or less, the signal is bearish and strong...the rest are detailsIgnored
Disliked{quote} GU Open sesame ( the trap door) {image} Came for the Support, Stayed for the Breakout (T-Shirt) {image}Ignored
Disliked{quote} harami is a small candle that need confirm ,so it can't be and it mattersIgnored
DislikedCountertrend again tight stops, lock in to BE after 10 pips {image}Ignored