V Pattern (Enjoy Your Sell)

Quoting Aduka4lif

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Spotted this setup on gold this morning.Its amazing how this setup plays out. {image}

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Quoting Emma7788-FAN

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{quote} E https://www.forexfactory.com/thread/...1#post13976471 LOSS IF DON´T CLOSE 50% & FREE OF RISK THE MARKET IS THE BOSS DO WHAT IS WANT WHENEVER ITS WANT {image}

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Quoting sangnt0904

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Your thread is being followed by many traders. Glad to see you sharing good strategy for everyone. I won't post much here! If you are looking for an experienced MQL4/MQL5 programmer. I could be one of them. You can find me on MQL5 site, telegram or my thread.

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Quoting Pumi

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{quote} I became skeptical of price going beyond the stops above the Absorption zone (where supply won the battle). From a HTF point of view price is still heading down for the Low that broke the Resistance (to form an inverted V). {image} {image}

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Quoting Emma7788-FAN

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{image}

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Quoting Emma7788-FAN

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{quote} S&P 500 {image} {image}

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Quoting Emma7788-FAN

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Some risk free lifestyle and to live in zen mood {image}{image}{image}

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Quoting Oliver.Twist

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{quote} Here's my take on this (imo, bad) setup. First thing I noticed was on the higher TF, a very obvious level, marked in blue. {image} Moving to your entry TF, you decided for some reason to take a minor high, where looking left on the previous day was the real high that was at the origin of the down move of the potential V pattern. Also, the momentum up to your minor high was very strong, indicating potential continuation. It's basic price action, but something to add into the analysis here. {image} So, you basically have: A much stronger HTF...

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Quoting Emma7788-FAN

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{image}

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Quoting Emma7788-FAN

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{quote} #dax risk off {image}

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Quoting Aduka4lif

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{quote} No, it is not a valid V pattern. You have to look at the highs formed before the breakout of support inorder to mark that level with your horizontal line. {image}

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Quoting de5151

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Perhaps using the zig-zag indicator would make it easier to identify the V (or W). This AUDUSD Daily as shown a few posts above is also a W. The zig-zag also makes it easier to see when the original high is broken. Enjoy your sell! {image}

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Quoting kette

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interesting analyses here I also do patterns on the side, for me the v formations are coincidence and the triangles. I think that results in rising prices and falling prices with a lot of volume. {image} {image} {image} {image}

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Quoting de5151

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Perhaps using the zig-zag indicator would make it easier to identify the V (or W). This AUDUSD Daily as shown a few posts above is also a W. The zig-zag also makes it easier to see when the original high is broken. Enjoy your sell! {image}

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Quoting Emma7788-FAN

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{quote} I RESPECT ALL TIP OF STRATEGYES AND ANALYSIS & VIEWS THAT GIVE CONTEXT TO YOU AND ALL OF US AS TRADER WE SHOULD UNDERSTAND AND MAKE ANALYSIS BUT HONESTLY I ADVICE U THAT LOSING YOUR TIME ANALYSING YOU ARE NOT OBLEGATED TO FOLLOW MY THREAD BUT I`VE BEEN LEARNT THE MOST IMPORTANT TRADING SCHOOL HARMONIC , SUPP& DEMA , SMART MONEY , TRADE MADE SIMPLE ALL KIND OF EMAS & INDICATOR LET´S SAY IT WAS THE PRICE TO GIVE TO BE WHO IS AIM NOW AFTER A LOT years and hundreds of hours of TRADING experience behind HIM I CAN TELL U IF THINGS ARE MORE SIMPLE...

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