DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC, SPDR S&P 500, BANK OF AMERICA CORPORATION, ADVANCED MICRO DEVICES, INC., SPDR SELECT SECTOR FUND - FINANCIAL, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The pullback to the FIB 0.786 Retracement looks a good oportunity to go LONG! .. you can make the SL shorter, depends on how is your trading plan, and backtesting.
I detected 3 Posibles Harmonic PAtterns Here
2 Of them Starts when Price Hit 1.618 and 0.886 Fib
Remember always to test your own patterns.
Also you might go Short now if price dont reach the Fibs. But u have to adjust your Lot size using Risk/Reward Ratio.
Sometimes u have to watch Price Action first when some levels are reached, Test what works better for you.
This is a 2618 Trade, u all know the rules, i didnt trade it till now that is on .786 retracement
That means that if we enter now we can do 2 things, improve risk/reward ratio or just increase the SL and put the TP as usual.
You have always to test your own patterns!
I detected a BAT PATTERN. This weak we have the Federal Funds Rate, so Price might go volatil, people who took this trade could put the SL into BE (I already did it). Also u cant take half profit.
This is a 2:1 risk reward Trade considering only the TARGET 1.
Long Opportunity, Buy the pullback
Need to w8 for price reaction, a bullish candel
Buy The pullBack, need to w8 for a bullish Candel
There is a Divergence in 1h and 4h, Buy the Breakout, need to w8 for a Bullish Candel