dojitrader
Short

Unruly Cypher/Shark But Into Resistance Need Candlestick Help ?

FX:GBPJPY   British Pound / Japanese Yen
168 views
1
168 2
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
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
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out