R/R 1.4 // Entry level is set in the area between 1.27-1.41fibonacci due to the presence of an "abcd pattern" // Order is set some 10 pips below the actual price
R/R 1.3 order set but the price has to lose 6 pips. in this way the r/r is right for my rules//// RSI close to oversold
hp could be supported by the fact that on 2h tf the price is around the 0.50 fibonacci (level of retracement)after the ABCD pattern.///// R/R>1.3
R/R 1,44 set to 0,382 level of fibonacci which it is the TP of the harmonic pattern
FIRST TRADE (BEARISH)> R/R 1.3 SECOND TRADE > bullish gartley pattern
Pattern in formation// R/R could be very interesting
R/R 1.5 the chart has already created an head&shoulders but the R/R si not acceptable for my trading rules and because i prefer the harmonic pattern in this market's context.
i will try to enter when the price gives me a R/R of 1.37