The_Desert_Sage

The_Desert_Sage

The final leg has also formed a very nice 1.00AB=CD which hopefully increases our odds. I like those stoch crossovers as paired with a little divergence. I am pretty confident about this trade. Will use 3 positions; 2 targets and 1 trailed position.

The_Desert_Sage

Stoch is about to give buy signal, might wait for that for entry. TArgets are at the 0.8=382 and 0.618, might also be good for a third entry with a trail of the distance to target 1.

The_Desert_Sage

Hello Trading View Community, This pattern is an AB=CD, the legs are a bit past 1.00=1.00 but that happens. I'm typing a bunch of basically filler because I was reprimanded for having posts that were too brief by a moderator. I have more success with the AB=CD pattern than probably any other pattern so much so I'm considering switching to trading the pattern...

The_Desert_Sage

So as I see it there is a possible reversal of GBPUSD's long rally. I am hoping to get the call right and have the dollar turn around. My stochiastic is also adding to my decision with a crossover and divergence. I'm still working on my stop size. But there are 2 targets on there.

The_Desert_Sage

Butterfly, looks like stoch divergence.

The_Desert_Sage

LIKE STOCH AS WELL

The_Desert_Sage

Stoch looks good for an entry, not sure about strengths though but 2 is better than 1.

The_Desert_Sage

LONG WITH TRAIL

The_Desert_Sage

So gatley and crab oberlap here to produce a pretty strong signal plus I'm receiving a signal from how I use the stoch. Now I'm hoping this will be the mark for a continuation of the uptrend so I'll be trailing the stop.

The_Desert_Sage

CRAB

The_Desert_Sage

Euro gaining strength.

The_Desert_Sage

ab=cd

The_Desert_Sage

The way I use Stoch is giving good signal too.

The_Desert_Sage

BULLISH BAT, USD gaining str.

The_Desert_Sage

Using several patterns to come up with this.