FX:USOIL   Crude Oil (WTI)
226 6 9
The markets has been inside a Harmonic pattern , once the market finished the pattern formation can expect a sell trend. So lets wait and see what the market does in the coming days. Cheers!
We communicate and common progress, no other meaning, but the exchange of views only!
Reply
Kishore Ltscofield
Yes i do believe that its healthy to share ideas! Thnx
Reply
I think harmonic pattern cannot be used like this ,because ,When the market has not yet reached the D point,Any prediction is just a guess.We can not be subjective to think that the market is likely to form such a harmonic pattern and go to such a judgment, we should wait for the D to appear before this reversal point to the transaction, I think this is the most appropriate.
Reply
Kishore Ltscofield
Hello Ltscofield, Thank you for your valuable points. Yes, its just a prediction not a confirmed one. Thats why i mentioned only when it completes the pattern formation we can go for sell. This is just a give a caution to the traders. So that if in any possibility the market forms the harmonic patter, they could be aware of it. Hope this helps. Have a good day and good trades! Cheers...
Reply
This is exactly what i worry about, so i locked my profits and wait.
Reply
Kishore watsonzou26
Good! its better to be safe.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out