Here is a perfect example of a classic CD-X Pitchfork giving us a bounce of the lower parallel (LP) in combination with an INS (daily support&resistance) line, thus creating an energy point (EP) and increasing probabilities.
The S/L (red diagonal line) as you can see gets smaller and smaller the more price moves on, one of many advantages of this strategy, and...
Two Pitchforks, one bearish one from the former harmonic pattern and the bullish one from the new harmonic pattern. Point D of the new harmonic pattern turned exactly on the median of the orange pitchfork to the pip. the last red circle is another to the pip touch at an energy point of the lower parallel and Camarilla lines, very powerful, got an 80% chance to go...
Learn how to trade in the new paradigm and save yourselfe a big Head ache.
Once mastered this way of trading allows for a much healthier psychology.
Its not about the amount of pips gained, but the pip value. Here in new Paradigm we maximise this value by keeping VERY tight stops and can therefor make up to 10x the profit of the same amount of pips caught.
I...
Beautiful validated pitchfork. After Quickfire validates the scan and the pitchfork, price comes back nice to the upper parallel of the CD-X traditional Pitchfork, touches it and moves of. Almost no drawdown :)
Smaller Gartley Pattern around 40 pips total. Used QF to qualify along with TAB29: Bollinger Bands Hit, Below 30 RSI, and Harmonic Wave Convergence. 12 pips overall but when you are putting 2% into a 10 pip stop loss makes it worth it and it was a really short trade below 40 minutes total managed most of it with the Hull MA. Thank you.
You can feel it in the air! The delusion is magnificent, the hope is higher than ever. Nothing can go wrong right? It cant crash, BTC will take over the world! It's a new paradigm! Only upwards from here, we have exceeded all expectations and the chart screams UP UP and UP!!
If you don't want to lose your shirt, this is the time to stay calm. This is where you...
