Trade Carefully and Observe this pair.
I'm am under the impression that you are a professional trader. That's great, Further i would like to say that I'm not giving any trading signal here.
I understand that my viewers are Harmonic Traders and that they know and understand the fundamentals of This Strategy.
If you would observe, the reason for my post is to share my trading strategy so that many can learn from it, and that they, if they want can share their strategy or correct me through their comment.
I am not here to give trading signal. I am sharing trading style. Teaching others what i think and learning at the same time, each time i am wrong.
Explanation on Many Long Post on the EURUSD:
To claim a point it the Harmonic Pattern or the FIBB as a exact reversal point is like a fortunetellers prediction. Even the author of Harmonic Trading (Scott Carney) agrees that it is not always correct. He emphasized that the Price Action is the Deciding Factor for the Entry Trade or a confirmation of a valid pattern. Those great traders at tradempower says IPDE. Identify, Predict, Decide, Execute. The execution part is the Most Crucial, if the pattern is invalid do not execute, then you should do it all over again.
That's the reason i post this pattern over and over again.
Im not a great teacher. I'm just a smuck who sometimes needs a ride home.
I anybody thinks my prediction is wrong. Do what you think is correct.