This formation can take time because the Pound Dollar have been so lazy to move and that provided really low volatility but, so fortunately it's going to complete the Harmonic Pattern and also it can test the support zone!
Rules:
1. Harmonic Pattern Completion - 98% Complete and Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Support Zone Test - Waiting;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign - Waiting;
7. Risk Management - Set;
8. Risk / Reward - 1/4;
"Failures are finger posts on the road to achievement"
C.S Lewis
Pips Hunters Forex
Rules:
1. Harmonic Pattern Completion - 98% Complete and Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Support Zone Test - Waiting;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign - Waiting;
7. Risk Management - Set;
8. Risk / Reward - 1/4;
"Failures are finger posts on the road to achievement"
C.S Lewis
Pips Hunters Forex
Comment:
Time to Breakeven!