This GBPCAD just shows again how the charts are ruled by fibonacci and how precise the new paradigm trading is. Every swing high and swing low today hit the Pitchforks to the pip with no drawdown at all. I love it and in combination with the harmonic scanner it makes it a lot easier. Doesnt even matter if there are economic news or not, move still starts and...
New Scan just came up on USDCHF, put my Pitchforks on. Let's see what energy point will be hit :)
These Pitchforks have a couple nice hit on the Upper Parallel and the Median, also on the Warning Line and a few other to the pip touches
Incredible powerful this new paradigm. If you miss the original entry on the Harmonic scanner, you still have pitchforks that will give you additional entries and many more advantages
nice to the pip touches on the upper parallel moving down and then point D touching the median of the XA-BF pitchfork to the pip and moving off :)
very nice to the pip touches on the upper parallel of the XA-BF, moving down and point D of the harmonic pattern touches the median to the pip and moves off :)
Pitchfork of XA Point C hit the Upper Parallel to the pip and then moved down to create point D of the entire scanner. Possible Quickfire trade at Point D and then the CD-X traditional Pitchfork for more trades
Two harmonic patterns with their complementary pitchforks :)
Two Pitchforks, one bearish one from the former harmonic pattern and the bullish one from the new harmonic pattern. Point D of the new harmonic pattern turned exactly on the median of the orange pitchfork to the pip. the last red circle is another to the pip touch at an energy point of the lower parallel and Camarilla lines, very powerful, got an 80% chance to go...
Beautiful validated pitchfork. After Quickfire validates the scan and the pitchfork, price comes back nice to the upper parallel of the CD-X traditional Pitchfork, touches it and moves of. Almost no drawdown :)
looking to break the trendline and retest it before going long
creating a flag, let it come up a bit to test the resistance and then look to go short
forming a head and shoulders, look to go short at the break of the neckline
creating a flag right now, wait for break and retest to go short
creating a flag right now, wait for break and retest to go short
EURJPY, forming a flag now, look for short after break out
wait for retest of resistance and then look to short