chrystael
Long

BULLISH BAT AND BUTTERFLIES HARMONIC PATTERNS

FX:EURUSD   Euro Fx/U.S. Dollar
108 4 0
marktet has presented another good opportunity here

a confluence of good reversal points on the market

the bat pattern and two butterflies having different origin and all ending at a one good PRZ

good entry

good risk to reward ratio

good luck
chrystael
2 years ago
is anybody in the market so far yet? it has hit the first level
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chrystael chrystael
2 years ago
but the spread with my broker hasnt made it to start yet. i will hold on and wait till it does
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chrystael
2 years ago
hello fellow traders. yesterday's pro's analysis that EURUSD will go down did not work at the expiration of yesterday's day trading. they still say the same thing today that EURUSD will go down. it might be working today so be careful trading this post idea.

should you be in profit just secure it or protect it. dont regret if you dont tend to make as you would have made had you kept the profit unprotected cause loosing is worst than gaining. same happened to me yesterday, a trade i would have won with 700pips i protected and when i left i got stopped out at the protection point of just 340 pips.

however gaining is prefered whether small or big. market is not your friend so never trust it. also any analysis made is not your friend either so never trust it too.

good luck thinking and trading greatly

Reply
chrystael
2 years ago
hello

please look at this with me. other posts i made after the deep down to hit the trigger, it would take about 35 minutes to 40 minutes for the market to go above the very first resistance or support above or below it if long or short. in this very case it has passed 40 minutes, and market is still finding it difficult to go above the resistance above it since it is a long trade.

people what do you think will be the fate of this trade?

EURUSD is generally down trending from higher time frame. and the analysis also for today is still bearish for EURUSD. should we change our minds and go short instead of long? what should we do?

because this market will be here consolidating and finally goes down.

so i would say, follow your heart. keep profits tight and stop loss tight. be ready to loose but not much. currently there is RSI divergence suggesting a bull market for short term but it can fail so be wise.

check out other analysis and make a decision.
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