I am expecting this to be a high probability trade based on the completion of two harmonic patterns. Nice confluence of 2 fib extensions at D of ABCD . Also on hourly it printed a nice pin bar and reverse from the confluenced ratio price. As long as the price stays above last week low and fib confluence at 1166 its a buy for me.
For me Alt bat has been a very reliable and successful pattern in the past.
All the targets and SL on chart
I could be wrong but as per my analysis i see it as a good probability trade. If i get stopped out then there is always a next trade - thats the beauty of forex trading.
For me Alt bat has been a very reliable and successful pattern in the past.
All the targets and SL on chart
I could be wrong but as per my analysis i see it as a good probability trade. If i get stopped out then there is always a next trade - thats the beauty of forex trading.
I am a Chart Slave.Thank you TradingView and @nmike.