dojitrader
Short

Unruly Cypher/Shark But Into Resistance Need Candlestick Help ?

FX:GBPJPY   British Pound/Japanese Yen
168 2 1
Neither Cypher or Shark pattern fits my strict rules,
{{ it's the A to B leg @ .539 that messes with highest probabilities}}
((.38 to .48 works best for my money))
however, the .886 does hit into primary and secondary resistance, so,
maybe the candlesticks will help me out with a short trigger that
includes low risk. No limit order on this trade.
*** As I publish price has hit 178.51 and looks to be putting in a
a shooting star . Geeezzzzz !!!
Thinking I'll also wait for a double top with divergence ???
Don't you just hate it ~~~~~~
Tertiary Resistance ???
These are the trades that just make you want to pull your hair out, right ?
{{Is that why I'm bald ?}}
OR, more proof that Cyphers with an A to B larger than .480 are just not worth the risk ??? ???
That's the idea I'm going with. It makes my ego easier to live with . . .
Perhaps a good candlestick trade for the Asian Session - I'm sound a sleep at 3:30 GMT
snapshot
Reply
Last candle did NOT close as a shooting star, per rules of Steve Nison ---
the tall shadow MUST be twice the size of the real body. And not really
a dark cloud cover, so, maybe price will produce that double top with RSI
divergence after all ?
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out