leszekstanislaw

leszekstanislaw

Long and then short as there could be bearish bat.

leszekstanislaw

It may go down or up - it depends. There is down trend channel with price within. Price it trying to escape, but these tries are unsuccessful... So probability down is higher. Also notice correlation with EURUSD - when EUR is up, GER30 is down... Another scenario is down - simple breakout is required, pullback and candle confirmation

leszekstanislaw

BAT plus broken OverBalance - price should fall to S/R (and Bat D point as well) then rise...

leszekstanislaw

Cipher is more probable, as I'd say AB=CD was completed (not perfectly, but done). Thx @dule86 thx @Akil Stokels

leszekstanislaw

It is just short term plan for up to 1-2 days. AB=CD to be completed. Then pullback. I have potential Shark-o-Cypher on chart - do not take this into account. Notice 4H bat.

leszekstanislaw

What do you think?

leszekstanislaw

Two scenarios - bounce S/R or breakout S/R, pullback, bounce another S/R - bot scenarios in long term are short...

leszekstanislaw

All the pleiade of formations. Honestly speaking initially i ignored bat - i did not go long, but if I would - I would be stopped. Possible scenario is from zone to zone - long to Gartley, pullback, long to Butterfly, pullback, and then... let us see...

leszekstanislaw

Scenario after scenario - long to point C, then short, then long to Gartley D point, then short again for longer term...

leszekstanislaw

Anyway - I am 'playing' bullish bat on H4 but

leszekstanislaw

RR may be even up 9:1, and in case of very safe entry - just 1.9:1, but notice - our target is just B, if formation is strong, target could be much further (C and A of Bat)

leszekstanislaw

Candle minisetup is required, but... still looks bullish... You can use 3 targets - B, C and A points of harmonic pattern. usually my target is B - take my profit and run! :-D

leszekstanislaw

Most probable option is long, to S/R zone, then short to south.

leszekstanislaw

It is really difficult to decide which way price would go... Given long bearish trend - it may be south... but... this looks like AB=CD and on D1 - it looks like start forming of Head&Shoulders :) I am more voting LONG than having evidence... What do you think?

leszekstanislaw

Pictures describes it fully - potential butterfly, potential gartley need to have C point. Given there is new bullish channel and there is (almost) good S/R - this (or these rather) may be on bottom of such channel.