Trading is as simple as ABCD 11,320 replies
ABCD Fibo 82 replies
abcd patterns 1 reply
Disliked4h - points to 1.4746. short with a close below 1.4572
1h - no open bull cycles. short entry with a close below 1.46
30m - finally we are at 1.4664, an older cycle open since last friday. we have 3 cycles finishing were we are now (1.466-75 area). so a close above and a close below and i will be short.
15m - also finishing cycles here. the best entry for me would be a close above 75 and a close below but 64 will do too.
5m- also pointing to 1.4675. same drill:close above, close below and i am short.
i don't expect (for now) much of this short....Ignored
DislikedThough a higher time scale than yours, I am still LONG EUR/USD. Looks like a break of the resistance @ 1.465 - don't see anything really significant until 1.488 which obviously the "common" top of the previous up movement will inherently become a S/R zone for the current up move.
I won't speculate beyond that since their is no precedence.
As I've stated before, you should always fundamentally plan your trade and technically execute it. The perfect marriage of fundamental price movement with technical analysis to pinpoint entry and exit....Ignored
DislikedSeems like a down day for me, Stuts. SLs above 1.47 seem safe.Ignored
Dislikedit appears that we are at the c point on the EUR 1H, D should be in the range of 1.4765 area, lets see what happens,...........What is your thoughts?Ignored
DislikedInteresting, but as I understand when A or C it taken out then that particular pattern is invalidated, it took aout your lower C 3 bars ago, and therefore we go to the higher time frame pattern.
1.4610 is the low, for the C on the hourly. i may be looking at this wrong, I see an inverted Hand S on the 15 just being completed, so I am seeing 1.4544 being the pivot, i am still long from 1.4598 and watching............
now you got me running numbers again to verify,,,,,,,,,,,and thats a good thingIgnored