Hello everyone
I applied Quarters theory
The weekly candle close was above the 8500 QUARTER POINT , and when looking at 2 previous candle i see a evening star has formed at the top of uptrend...This gives me a long term potential Short but price will move towards 8750 QUARTER POINT
The Daily candle close was above 8500 QUARTER POINT with a BULLISH HAMMER (PIN BAR) at the bottom of downtrend
so I am going to buy any level above 8574 with a target of 8750 QUARTER POINT
When i apply QUARTERS THEORY my target is 250 pip moves and 1000pip moves
im still learning please provide feedback
I applied Quarters theory
The weekly candle close was above the 8500 QUARTER POINT , and when looking at 2 previous candle i see a evening star has formed at the top of uptrend...This gives me a long term potential Short but price will move towards 8750 QUARTER POINT
The Daily candle close was above 8500 QUARTER POINT with a BULLISH HAMMER (PIN BAR) at the bottom of downtrend
so I am going to buy any level above 8574 with a target of 8750 QUARTER POINT
When i apply QUARTERS THEORY my target is 250 pip moves and 1000pip moves
im still learning please provide feedback
Trade closed: target reached:
PRICE DID REACH 8750 AND CLOSED ABOVE 9750 SO MY NEXT TARGERT IS 9000 QP
Comment:
price did hit the 9000 QP