Looks like The pattern is almost complete.. If next week price can hit the green box.. A possible Long entry will be anticipate.
Cheers!!
Comments
Fiboholic
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You are a superb trader!
Zeheart
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Pattern Completed, Spotting for Long Entry and Target 1st TP to 1.03436 Level
Zeheart
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This image is a zoom in image of the above... circle area seems to be Combo inside + Pin Bar, Once it break out of MB, should be a good long entry. If want to have a more comfortable entry a break out from the trendline is also a possible setup =)
knock
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how do we know it ends at 0.886, not 1.113?
Zeheart
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Basically I am just checking on how thing is the confluence zone for both 88.6 and 113 level ... Coz @ 88.6 I have stronger confluence zone.. and once the pattern completed.. I try to spot is there any Price action Signal which can provide me signal to enter or not... Lastly, looking at the overall pic, There is a strong level of support at 1.019 (Which very near to 88.6 Fib Level). Base on all this information, therefore I decide to long on it... Anyway, it may or may not work... Just my own way of analyzing it =) Cheers!