possible bearish gartley on audnzd with good risk reward.
Possible rebounce over a stucture support for euraud
we have a fast perfect Bearish Garley on GBP USD. B point is 60,3XA, for D point, AB=CD, 1,27 BA and 78,6XA perfectly converge to an entry point zone of 1,5232 - 15240 stop loss above X, and TP1 and TP2 respectively 38,1AD and 61,8AD
here a potential bearish bat. it is only for study for me because of the big stop loss is beyond my trading plan. B point is exact at 50% retracement, and D point has many confulences that are, extention of AB=CD, extention of BC and retracement of XA. still with a stop loss of 350 pips 38% and 61% target gives good RR. comment appreciated.
price made a new swing high, so I have adjusted the entry
possible rebounce on a structure with good RR
possible rebounce on a structure level. RR acceptable
possible rebounce on a precedent structure level. RR is interesting.
Hi to all, this is the first time I publish something on the base what I think I have understood of Jason Stapleton material. (thanks Jason) I see price is bounced in structure zone, and Rsi is in overbought. the candle of Yesterday has rejected a resistance that''s all. Riccardo
I have found this possible entry for a short in EURGBP. it is a pin bar that reject a static resistance, I see it also as a retracement of a downtrend. risk reward is good, 1,30 first take profit, 2,36 second take profit The only thing that jars is the divergence on CCI