Bearish Crab complete and also a Resistance line waiting to be tested for the 2nd.x!
The Harmonic Pattern it's already completed and the price made a type-1 reaction, now I'm waiting for the type-2 reversal so I can short Pound Dollar confidently, but let's see what we have to wait so we can trade it.
Rules:
1. Harmonic Pattern Completion (Terminal Bar) - Done;
2. PRZ Hit - Done;
3. PRZ Test -Done & Waiting for the 2nd test;
4. RSI Reversal Sign - Waiting;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign - Waiting;
7. Type-1 Reaction - Done;
8. Type-2 Reversal - Waiting;
7. Risk / Reward - 1/3;
8. Risk Management - Applied;
The Harmonic Pattern it's already completed and the price made a type-1 reaction, now I'm waiting for the type-2 reversal so I can short Pound Dollar confidently, but let's see what we have to wait so we can trade it.
Rules:
1. Harmonic Pattern Completion (Terminal Bar) - Done;
2. PRZ Hit - Done;
3. PRZ Test -Done & Waiting for the 2nd test;
4. RSI Reversal Sign - Waiting;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign - Waiting;
7. Type-1 Reaction - Done;
8. Type-2 Reversal - Waiting;
7. Risk / Reward - 1/3;
8. Risk Management - Applied;