Thread: Interactive Trading Setups Disscussion

Good day to all,

BAT BEARISH on NZDUSD 15 M

ITs hitting a short period resistance and hittin top of a channel,

88.6 XA - D
50.0 XA - B
261.8 BC - D
AB=CD low on 5 PIPS dif
RSI hit 80 overbought
PRZ is being tested.



Regards to all!

Not sure if you benefit from it in your harmonic trading strategy, but when harmonic pattern fails relatively quickly price returns to test the StopLoss price levels.
Any opinions on this?

Good day KOR,

yeah its true, noticed the breakthrough PRZ, and the retest was a possibility, this doesn't belong though to my trading strategy, but there was a CRAB Pattern also, and a 127 XA - D with 224 BC. (I consider only trading CRABS on 161.0, but price action was fast, and had the same idea on retest, though its risky, but just trying out this trade).



Best Regards.

Originally Posted by tiagolopez6

Good day to all,

BAT BEARISH on NZDUSD 15 M

ITs hitting a short period resistance and hittin top of a channel,

88.6 XA - D
50.0 XA - B
261.8 BC - D
AB=CD low on 5 PIPS dif
RSI hit 80 overbought
PRZ is being tested.



Regards to all!

Good day to all,

Price action with fast movement, no trade, price bar breakthrough PRZ.

Reagards!

Originally Posted by tiagolopez6

Good day KOR,

yeah its true, noticed the breakthrough PRZ, and the retest was a possibility, this doesn't belong though to my trading strategy, but there was a CRAB Pattern also, and a 127 XA - D with 224 BC. (I consider only trading CRABS on 161.0, but price action was fast, and had the same idea on retest, though its risky, but just trying out this trade).


Best Regards.

now made a post about it in the proper Gartlye pattern section -> Gartley pattern failure setups (Failed Gartley pattern)
Maybe will inspire someone to think over the idea

Originally Posted by kor4x

now made a post about it in the proper Gartlye pattern section -> Gartley pattern failure setups (Failed Gartley pattern)
Maybe will inspire someone to think over the idea

Excellent, it is interesting to check this angle on harmonics, lots of possibilites can be analyzed!, great idea.

Regards,

end of trading day, not bad, today's equity ->

#sp500