Bearish Butterfly at My previous D Bat (if I am not mistaken. please look at my othe Ideas)
Crab Pattern. Just an Idea. I am aiming for the Daily Support at 108.921
I use simple analysis Harmonics. bot D of Bat and Butterfly is near each other. will it react there?? I will entry when there is My 3 Hit Myth happened there.
Simple Analysis on Daily. D point for my Cypher pattern is at Resistant Trendlines. Will the Triangle Break or Reject?
Gold Crab Pattern + Rejecet Resistant. My Own Analysis
This is a simple TL breakout + 3 hits SR + Double Top.
This is my personal simple analysis on AUDJPY. For Entry I would prefer to wait for confirmation on Price Action. 2 Possible Scenario: 1st: Break 4th R, I would likely to buy and Take Profit at 3rd R. Reason: Break Small Down Channel + Double Bottom + Completing Bearish Bat Pattern (extreme entry) 2nd: Going for 4th S and Break...
Another example of 3 hit Myth Guys. Look at previous notes for more details explanation.
I've been back testing this method and using it on multiple Timeframes. it's quite simple Price Action. I use this hits ass a guide for strength of the trend, and to spot the reversal area ( Strong Support and Strong Resistant) However, I do not use this method alone but also have other confluence. Mostly, when price is at this area, I will look for entry at...
Another Simple Idea. i think it worth to look for.
I use simple method. Just PA and Harmonics. 2 harmonics pattern seem to have approximately same D point area. might be good to look for. However guys, please look for confirmation for entry. Better ride in late than hop early to the wrong turn. Happy Trading Guys.