Look at the reliability of bull signal bars on the 30 minute chart. Context must be correct to buy close of these bars... I won't buy a bull signal bar if market moves into tight consolidation or at top of range/channel (or bottom of range/channel if in bear market). Look for strong closes (no wick, close at top of bar), and you want close to close above...
USDJPY BROKEN TREND AND RETEST WITH GARTLEY AND CHANNEL
Using a Bars Pattern drawing tool, I created a simulated version of the graph from 1/4/2015 to 2/26/2015. I then flipped this simulated version to show a possible movement for the next movement purely based on inverse movements from the last two months.
ONLY BASED ON TREND LINE AND FIBONACCI
PREDICTIVE ANALYSIS/FORECASTING: - TG-Lo = 1.49 - 17 DEC 2014: Low-Prob Attainment, High-Prob Reversal - TG-x = 0.83 - 17 DEC 2014: Extreme Target/Invalidation level if breached - Bearish Entrenchment: 21.16/23.08 range FIBONACCI: - 0.618-Fib retracement at 22.81 into bearish predictive model's entrenchment ELLIOTT WAVE: - Point-2 results from a...