Nice pattern. Isaw friday in your post on EU. We are arrived at the same result in different way for me 1.1235 demand area in h4 + WS78
thank you for your attention
thank you for your attention
1
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Dislikedhi, LCForex: just curious: do you have any specific criteria for the validity of point 'X'? also, have you ever thought about coding an indicator for this pattern so that we can possibly scan through more pairs? THXIgnored
Disliked{quote} I in EURUSD. Be cool as explained before. I will be conservative. I will close half at ,618 and the remaining at ,88 {image} RR (1:2) and (1:3.2)Ignored
Disliked{quote} Hey Zhang! No specific, just to show from where the pattern must begin! I have no idea how to code that.Ignored
Disliked{quote} Hi, thank you for your reply. But since you involve 'Aa' fibo pullback, I think we'd better define the validity of 'X' since this will affect the validity of pullback, hadn't we?Ignored
DislikedAnd is this right? This is forming now in AUDUSD H4 from the best Entry Zone --> SL and best Entry Zone --> best Target Zone.. it is about 2:1 reward ratio {image}Ignored
Disliked{quote} In at the EURGBP. that is the most conservative target (R:R - more then 1:3), could be much more to the upside. {image}Ignored
Disliked{quote} Hey Jack! You use fine the Fibs and you got entry, target and stop, but the structure is incorrect. {image}Ignored