LucasPonzo

LucasPonzo

Is this a potencial reversal? Thanks Blue44 for the study!

LucasPonzo

A believe this is a major trend reversal to go long.

LucasPonzo

Always compare USD Index against USD pairs to determine trading opportunities when symmetry occurs. Symmetry UP for USD as primary currency (left symbol of the pair). Symmetry DOWN when USD is the secondary currency. Use chart structures when the symmetry really started. I would appreciate any comments on that!!! :)

LucasPonzo

Most likely to consolidate reverse to up trend when crossed the golden ratio

LucasPonzo

Classical buy low sell high

LucasPonzo

Used fib levels to determine entry and exit

LucasPonzo

Inverted triangle pattern with support/resistance structures with fib levels for entry and exit points.

LucasPonzo

I corrected the top of the retracement based on structure previous resistence based on fib levels and it was very efficient confirming my idea. Learning from errors! I'm a newbie to that anyway :-)

LucasPonzo Updated 

XABC pattern with fibos