GbpUsd: The price in a bearish divergence targeting 1,3676 then 1,3610. But right now in a retracing mod and could offer a great opportunity to sell it again. {image} {image}
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can you explain how do you calculate or assuming the target of divergences?
{quote} Use fib levels 127 then 161 as most traders looking for this area as target or new support zone.
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as a fib harmonic trader.. i dont get what you just said.
i h4 now in bearish divergence mode, and we get HH, so how you draw you FE?
it should be ABCD when B is lower than A.
can you show me example on the chart, please
{quote} as a fib harmonic trader.. i dont get what you just said. i h4 now in bearish divergence mode, and we get HH, so how you draw you FE? it should be ABCD when B is lower than A. can you show me example on the chart, please
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Hi, Thanks for asking. I have studied Harmonic pattern for a long time and thought it did not really suit me.
We can all find most things about how divergence works online or free courses. I have studied it but never managed to get constant profit sometimes worked and sometimes not. So I had to change and test until I realized how it would give me pretty good results.
You are a respectable trader who has been here for a long time and certainly can do most things, I would like to explain but within the limit, then I can not reveal how I do my calculations or setup, which I hope you understand.
Divergence can be reversal pattern or continuation, some pairs can work in a harmonic way when we have divergence while others have a higher% to fail.
There are more threads here that are just about divergence, why me?
Can you be many specific with your question, feel free to attach a chart so that I understand your question?
