Two harmonic Patterns completing at the same area! COULD be a nice retracement area! We have to wait what market will do ! Do not just execute the trade blind!
Keep in mind that we have a very tight stop loss Zone! if marked rallies against us i want to be out!
the test if marked hold the area or not is within a small period of time
so it could be that we are out of this trade in the next couple of minutes!
But right now everythink looks good for us!
Trade closed: stop reached
guys we got stopped out no Problem smal loss => remember losses are part of our Business but we should Keep them as small as we did
marked will move down til 1177.25 keep in might that a invalidated PRZ is a signal for a movement into the down direktion!
i went short at 1181.23 and target is at 1177.25
Market is just forming a Gartley on M15 i will post a new Idea!
Trade closed: target reached:
bamm short target at 1177.25 got hit after market retested our PRZ => thats how you make Money out of an invalid Setup!!