Hey JoMarhsall. Been following you for a while now I think you are doing a good job, also thinking about joining your signal service for a while. Got a question though: Why is your entry @ 0.7198? If i do a XA retracement then my 0.786 comes @ 0.7184. Thanks
RobbyF
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oh, Think i got it, your using a 1.272 ext. from the AB instead of an XA retr. right?
JoMarshall
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Yes that's correct Robby, although, some traders do use the 0.786 retracement of XA leg which is fine but if you do it that way then your risk to reward ratio wouldn't be great but you will get more entries.
tntsunrise
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Same here. reverse nicely
langtoni
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Your at the C point on a Cypher so hopefully it will turn hit your targets and then you can go https://long.....https://www.tradingview.com/x/kRJq81C4/
JoMarshall
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Nice set-up, thanks for sharing. Let's hope it works out that way
riccardo.pradella
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nice!:)
nl88
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Is 0.7207 a good entry point ? Or is it wiser to wait till 0.7250 ?
JoMarshall
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There's currently a bearish Bat that will terminate near 0.7250