Trading strategy 1 (Blue arrow)
If price holds above C point,
take long with small SL at support level.
Trading strategy 2 (Red arrow)
If price break-out potential neck line,
take long when price is corrected.
Also if price break out B point,
we may consider BAMM of harmonic pattern.
Both Strategies have great RR ratio, around 4~5.
If price holds above C point,
take long with small SL at support level.
Trading strategy 2 (Red arrow)
If price break-out potential neck line,
take long when price is corrected.
Also if price break out B point,
we may consider BAMM of harmonic pattern.
Both Strategies have great RR ratio, around 4~5.
Trade closed: target reached:
strategy 2 position closed as target reached
