stratman

stratman

The difficulty to manage the different targets ;-)

stratman

If the price go to 112,44, then it should/could/would bounce to hit target 1 at 113,20

stratman

I think that the price could go hit the entry at 1,0930 in order to go then at 1,12..

stratman

First target at 38,2% retracement

stratman

Go Short with a first target at 0,7103

stratman

Short the 1,4600

stratman

It could be a Long if the entry price is reached

stratman

This pattern could/would/should work...

stratman

the price could go north ;-)

stratman Updated 

the price could go south

stratman

Th market should go north

stratman

If the price reaches the entry price, then the position will be Long

stratman

If the price reaches the 1,0835 zone, then go Long with an initial target at 38,2 % retracement...

stratman

If the price go north, so the pattern will be completed and the short position enabled

stratman

Target 1,3180 then reverse...

stratman

This is called a Shark Pattern with an entry point on the fibonacci convergence of the 1.13 of the XA leg and the 2.24 of the BC leg (with RSI confirmation). Short@1.2478, target1@1,2356 / target2@1,2269 / target3@1,2170 and initial stop loss@1,2530

stratman

This is called a Bat Pattern with an entry point on the fibonacci convergence of the 0.886 of the XA leg and the 2.618 of the BC leg. Long@0.9873 and stop loss@0.9760