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Price made a new low, means are in order, price retraced to a base, and it was also a rubberband effect. Great opportunity.
Diverging RSI on double tops and bottoms. Entry just prior to previous top or bottoms close. Target at 50% I'm not afrade to chase my stop when there's diverging RSI. Sweet Profit - Loss ratio.
Double tops and bottoms with RSI divergence . Targets at 50% Greater if higher highs and lower lows are made.
POINT B DOESN'T REACH .5 NOR DOES POINT D REACH .886 IF THE BAT BEGINS AT THE RED POINT.
IT COMPLETES THE BAT IF STARTED AT THE BLUE POINT.
Buy it. Sell 'em.
Buy it. Sell 'em.
Possible Bull Cypher on the Aussie Yen. Five minute.
about 1.42. Long
This guy got an aero to the foot. Is trading currency NOT the most risky means of making a living?
Here's a pattern for ya. See how this works out..
I drew this up this morning. annnnd walked away.. Hope you all got it. Bummer
Meets 1.16 extension. AB=CD pattern. And held by last months' resistance.
If this sees through, it just may complete the CD leg of a Bull Cypher(1h)
Shorting to the next low. Check it out. This also meets previous support. also formed a new low last hour. also looks like it's double topping. Lets gain a few pips, ay
I'm still short but...hmm
Three converging ratios on three time scales. The CD leg of a bullish gartley.
The 618 of the Gartley BC match with the smaller Gartleys AB extension. Highly bought. This looks good on all time frames. Any thoughts?
If this is a Gartley, we're shorting. If this AB=CD plays out, we short from the current 618.
Unless I hear others opinions, I'll keep making the same decisions.