CapMoore

Daily Study. Pattern Completion and Risk for a bounce

FX:USDCHF   U.S. Dollar / Swiss Franc
242 35 5
Price has completed a full harmonic ab=cd at 0,87 level
which also perfectly coincide with minor 61,8 D point of
a large AB=CD going back to july 2013. Will price bounce
from this level, which one could expect, for another leg down
to complete the large ABCD or will it pass through directly.
The extended 1,618 D point of abcd pattern is also in
confluence with the completion of large ABCD and Monthly
S3.
My reedit :
Reply
Mirandole Mirandole
Probably useless. Sry guys ^^
Reply
ForceFollower Mirandole
Why useless? What do you imply? Your fork's OK. I read it as 'price in a down trend and likely to retest your white quartile'.
Reply
CapMoore Mirandole
Your chart?
Reply
CapMoore Mirandole
If you comment here, you will explain in understable words what you are talking about.
Reply
Mirandole Mirandole
Because you've probably already seen it.. :)
Reply
Mirandole Mirandole
I am a young new trader and I went to bring something new to you...
Reply
ForceFollower Mirandole
Please be welcome then. :-)
How long have you been trading? Whom did you learn the median lines' techniques from?
Reply
Mirandole ForceFollower
I am 22 yo. I have been trading for around 5 months. I learned trading from the babypips.com school and also from some good traders' books. I am student but I just don't go to school because I make more money with trading than studying. So I study charts 9 hours a day... I hope I'll find some good ride.
Reply
ForceFollower Mirandole
I appreciate your honesty, Serge. But as I am 40 and graduated from the university of economics summa cum laude, I'd recommend you go to school first and start trading for a living only after you've completed your education. Just so you don't regret your decision when you're older. Trading can wait. And also you can study and learn trading at the same time. Nothing wrong with that.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out