I posted this several weeks ago when the market was trading around 1.3600 We hit the long entry a couple days ago.
I've tried a couple times to buy up the EURUSD and it's been very weak. That happens frequently when you're picking tops and bottoms. The benefit is that you tend to have small losses.
There is a rather wide reversal zone here as outlined in blue. But today's move has been a really nice indication that the move may be coming it a short term end. If the market closed near the high of the days range it will be a good sign.
Great video, for all new traders, don't miss this out :)
Siva
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Thanks Jason ,Great explanation!!.
victoryong
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Thanks Jason. I have one question, when XABC is established, price is moving towards D. How do you decide that you'll be trading a gartley or crab in this case?
RoyPainter
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For anyone interested, Jason's youtube page: youtube.com/user/4xTradersLIVE Tons of excellent content there to check out!
NQunlocked
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Hi Jason, thank you for sharing!. check this out...a totally different TA based on Elliot wave, median lines and fibonacci extensions yield a similar forecast
tradingview.com/v/jPUu4ljL/ Cheers Hamza
TheBestMA
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You were completely right.
Mohamed-Alrashedi
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Hi Jason, im really amazed with your way of thinking and you strategies. i have been watching your posts on YouTube which is related to structure trading and Fibo. I learned alot from you and im very glad to follow you here
eXcess0070
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Hi Jason, I got into a trade but didn't actually see the crab patter ( I don't trade those ) I found a strong level of support in Daily timeframe an AB=CD muve in 4H chart and the 2618 trade on my trading timeframe ( 1H ) its awesome how diferent types of trading strategies came to the same conclutions... thanks for the video by the way, YOU ARE AWESOME... :)
Mohamed-Alrashedi
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hey Jason, what you think about EURUSD after today ? still long ?