Thread: Interactive Trading Setups Disscussion

Was looking to go long on this small Bullish Butterfly Pattern earlier yesterday but did not execute it on the initial test as the pattern completed before the 0.382 Fibonacci Time Projection.

However, earlier today, the price action went back to retest the PRZ on a secondary retest which prompted a trade execution at 76.729 when the price action held at the support in the PRZ. There was some slight consolidation before price reversed though.



When it comes to trading harmonic patterns, I personally feel that patience is key as we do not usually trigger at every pattern completion. I will only trigger a trade when the technical conditions are met to give me a high probability trade.

Good trading everyone.

what does it mean " solidified by line works"?

pitcfork,trendline revisit etc.

Despite fridays breakout, the same fibo channel holded and now upward pitchfork is holding after numerous test.

cool. seems to me like this Pitchfork technique is getting more and more popular. Any good sites/books that you can recommend?

nice overnight ride on the 121 pattern!

icant see chart clearly... a bit dark.

as for medianline these are simply and apperent

thx kor good example

So, the blue pitchfork have work out, and i short in the median line area wich is also the 61.8 retracement, for a revisit of the low again, and breakout expected. Let's see.