Candle Stick Pattern & Fibonacci Retracement

Here is the latest Eur/USD..

Hi there, here is the latest chart of Eur/GBP. I go SHORT for this one because you can see that the price penetrate the trendline and it's heading downward. A good bearish Engulfing Pattern is present. So, put your stop loss accordingly..


Happy trading!

Here is the latest of GBP/USD. What i like from the chart is The Head and Shoulder pattern which then we can simply draw a line. One the price has penetrated the line, it usually will go down... SO it means, we go short.


Happy trading!

so how's this system trading so far? seems it is not as popular as the rest. is it because it is not easy to spot any changes on the candle stick?

good topic. but where is leo now