H4 - A Long/Buy trade on two potential pattern at 88.6 XA and XC
Hi guys, i got an opportunity to long/buy this market with the potential of two pattern completion both on 88.6 XA Bat Pattern and 88.6 XC Shark Pattern. Aggressively long/buy in the completion or w4c once price reach our PRZ as being conservative. TP and potential entry level as seen in the chart while stop loss just below the PRZ or atleast 1:1 prior from the right entry to TP 1. Good luck!
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
Comment:
While on the M15
Comment:
TP hit for all short/sell trades. And now currently looking to long or a buy trade opportunity. Good luck! Again W4C.