USDJPY has completed the cycle of W-X-Y-X-Z. Switching from Bears to Bulls.
1. Wait for a candlestick reversal that closes above/below the PRZ zone before entry 2. Wait for a pin bar/hammer candlestick to form after the PRZ is completed before entry. (I love long wick candles before I enter, it really increases the success rate of Harmonic Pattern trades) 3. I usually combine the RSI indicator with patterns. Always wait for the RSI to...
1. Wait for a candlestick reversal that closes above/below the PRZ zone before entry. 2. Wait for a pin bar/hammer candlestick to form after the PRZ is completed before entry. (I love long wick candles before I enter, it really increases the success rate of Harmonic Pattern trades) 3. I usually combine the RSI indicator with patterns. Always wait for the RSI to...
Valuating the PRZ is the most inportant part of Harmonics let take a look at how it goes
Price forming head and should structure. Break above the neckline is a done deal. Attracting alot of buyers
I will like price to retest the zone for us to be in good business
This patterns is even interesting with head and shoulder pattern in it. Let be patience trading this pair
PRZ is the most important part of the harmonics please take time to verify the PRZ. Pinbar, harmmar, etc at this level should attract more sellers.
I spotted this shark some days ago and I see it play rules right
Gold at a critical point. Fridays close makes it intresting for gold traders. 1. With the pin bar completion at a critical level. 2. The 1250 level has proof to be intact, without anything distorting it for 3 times in a roll.
Let short this on high levels only cheers guys
The higher time frames datas are really strong
Gold forming a classic double top and a bat pattern as well.
Bullish Gartley At completion let look for pin bar rejection, inside bars etc. I will be very aggressive on this trade since the daily mega phone pattern is not completed.
Pattern Identify is Bullish Gartley. When price break the trendline am going to long that trade. But since the Daily is Bearish trend I will not wait for price to hit TP level.