FX:EURUSD   Euro / U.S. Dollar
585 5 6
this pattern fits in perfectly, having the point of market reversal at a good point of fibonacci confluences

i went long. sorry did not put this out in time

should there be a retest, please make yourself comfortable

or will this market still continues its downtrend after a little correction?

let us watch
I have question how do you confirm you trader ? you use rsi to know when you can buy ?
chrystael IssaOuattara
question is ambiguous. i use rsi as one of the technicals to add up to my decision before i go into a trade. RSI can mess you up if not experienced so dont use it to make a decision, rather to add up to others before making a decision. you make the confirmation yourself not using any specific thing rather things
IssaOuattara chrystael
ok thanks for your advice. I m very interesting about harmonic pattern and i see with this chart a nice trade but what timeframe give perfect pattern because i see you use 5 minutes.
chrystael IssaOuattara
any time frame can give you what you want. at times i use even 1 minute chart which in my view could be equivalent to the range bars used by others. however irrespective of the time frame, draw it well and follow the market and you will get it
chrystael chrystael
i mostly use smaller time frame cause i am a short term trader mostly. i wana see the money i have made and know whatsup. not a big investor except you will give me a good capital to start something. for now i trade and make profit and withdraw and go my way
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