- Bull🐮 still strong now and that you can notice just looking at what the price is doing right now,
and that gives to me a clue about what's going to happen in the next days with the bulls, I mean we have a
Bearish Crab 🦀 being formed and also have the Weekly Resistance Zone(Bear🐻) that still Undefeated,
waiting to be tested once again, the probabilities of changing forces are high.
- The price should fulfil the pattern at 1.618 and also should test the historic Resistance Zone,
these two combinations are really strong to deny the price one more time to continue the uptrend and go back to the bottom where it belongs (I'm joking).
- Parameters to follow before the trade:
1. The Pattern should be complete at the D point;
2. The PRZ must be tested in a combination with the Resistance Zone;
3. Wait for a Reversal sign ( Candlestick Pattern and Stoch RSI);
4. Wait for a Confirmation sign ( Candlestick and Stoch RSI);
5. About the Risk-Reward and Risk Management always follow the rules of the Harmonic Patterns, that's
what I do and that's what I show here;
And Remember, Always stick to the Rules.
Jony Sonjamba(JonyFxHunter)
Pips Hunters Forex
and that gives to me a clue about what's going to happen in the next days with the bulls, I mean we have a
Bearish Crab 🦀 being formed and also have the Weekly Resistance Zone(Bear🐻) that still Undefeated,
waiting to be tested once again, the probabilities of changing forces are high.
- The price should fulfil the pattern at 1.618 and also should test the historic Resistance Zone,
these two combinations are really strong to deny the price one more time to continue the uptrend and go back to the bottom where it belongs (I'm joking).
- Parameters to follow before the trade:
1. The Pattern should be complete at the D point;
2. The PRZ must be tested in a combination with the Resistance Zone;
3. Wait for a Reversal sign ( Candlestick Pattern and Stoch RSI);
4. Wait for a Confirmation sign ( Candlestick and Stoch RSI);
5. About the Risk-Reward and Risk Management always follow the rules of the Harmonic Patterns, that's
what I do and that's what I show here;
And Remember, Always stick to the Rules.
Jony Sonjamba(JonyFxHunter)
Pips Hunters Forex