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abdalla.raffoul
Dec 28, 2016 2:28 PM

EURUSD Expectation Short

Euro Fx/U.S. DollarFXCM

Description

Hello Guys ,

this is my first topic here and to be honest i am a little bit new in Forex , 6-7 month experience.

i noticed this XABCD pattern and i think this is the way market is going to behave .

i am going to wait to hit the resistance line and go short to enter .

please advice me if you think i am wrong .

Comment

Still waiting to reach 1.049 to go short again !

Trade active

Comments
tipua411
good think. :)
abdalla.raffoul
@tipua411, thanks a lot :)
imadziouziou
Good but are you sure about the measurements? I think they should be 0.886, 1.618, 0.786... These are the guarantee for good patterns as well as the accurate placement of the points XABCD.
abdalla.raffoul
@imadziouziou, i am not sure about the accurate measurements yet , i am a little bit new that's why i need some suggestion like yours to understand well about patterns . Thank you for your suggestion :)
imadziouziou
@Abdalla.raffoul, I am also learning like you. Look for a table of ratios in all the patterns and then when you find a structure XABCD you will eliminate one by one and finally the correct one will have the good ratios. There are multiple probabilities of ratios all about Fibo. Look at this video youtube.com/watch?v=pUWuEF3XSIc and take a screenshot at 7:50 there is the table you need
abdalla.raffoul
@imadziouziou, I appreciate it mate, thanks a lot. But i have a question if you can help !! dose every ratio should be hit even in a spike to be achieved or its just enough to be very close to it :)
gilberto.neblett
good job dude
abdalla.raffoul
@Gilberto.neblett,thanks mate
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