1- a Valid Bat Battern
2-Support Area (0.7160 : 0.7135)
-If you Look Left ..... you will see that range Area (0.7160 : 0.7135) will resist The price to go higher (22/5 /2015) & (28/5 2015)
-Then Price Broke the whole which is Became a good that pushed The Price To go Higher (1/6/2015)
-Price now moveing low to the Area
- we can Aggressively go long from The (D) Complation point of .... or we can wait until price reaches to The
-Our Stop Will be Below The X point of and
-our target will be 0.382 of (CD) Leg .
Be sure to be Ready .....!!
But Because iam Trading in Hourly Chart ... i preferd to publish it on hourly ...
in Hourly Chart ...The (C) leg Closed Above the (A) Leg Almost 1 Pip Higher ....
Then .... Lets watch and see......!!
Thanks Again .....!!
- Actually i saw many many pro Trades using harmonics in their Trading style , To me if the (C) leg of any pattern came and did not close above (or below ) the A leg , it is still ( For me Ofcourse ) a Valid pattern , If the C leg Close above (or Below) the A leg .... it for me an invalid Pattern .
I know that Price maybe want to re-test the A Leg (which is Resistance Or Support) Before Reverse , So I preferd higher high higher close ... lower low lower close , It is Just my Opinion .... maybe true maybe not ... We all learned from our Mistakes
Iam Really Enjoing with this Conversation with you ..... thanks a lot
You Know Why iam using S/D Zones Dude....!?
Because Iam fed up with watching the price action go higher or lower to the D point of a harmonic pattern ... and then
............. surprise ..............
the Price Reversed Before reached The Reversal D point about 5 pips or 10 pips whatever
I waste 2 months lookeing for anything help me ....
S/D zone are completly Perfect with Harmonics Because D piont 70% of time is in it .. some time above it
you can Go long or Short using These Zones Without waiting price to touch the complation point .because maybe it won't
Stop will be Much higher few pips .... But ....you will catch the reversal rather that waiting for a piont that it won't come
Iam Tried this Thing about 3 months .... And It really Works
Please Watch The Patterns And Wathce some Pattern that Price did't come to the Complation point and began to reverse ..
and you just missed he trade .... then You will use it .... and show the Results
Try to use the S/D Level With Harmonics.... it will be helpful
Thanks man ... and keep it going ....!