this is an extended abcd partern with take profit @ 0.78001 and stop loss at 0.76836. our alternative trade is a sell limit or sell stop at 0.76836 with take profit at 0.75842
two partern have been identify both which are emerging bat and crab partern 1.we are going to sell at this point with our take profit located below 2.a pending order buy exactly at our stop loss position.the essence of the pending order is just in case market goes agaist us.we should be able to recover our loss back 3.tp for our pending order is at 96.517,volume...
we are going to follow two trade, 1.the partern trade sell with take profit@ 1.42295 with stop at 1.43220 2.a back up trade just in case the partern trade is nt fullfill,a buy stop 1.43220 2 the volume expose in the back up trade will be double enough to cover ur loss
we are going to follow the two partern.the first is the emerging partern which has already started,if ur account permit u,u can enter it nw,bt if nt wait for retracement back to the previous suport,after the emerging bat has completed ,we follow the origal bat.this may take up to 3 weeks for both partern to complete.so we have to be patient
Target one at 38.2 retracement and a break above target one,market might continue going to haven
look for entry at lower time frame and wait for retest at
dont ask me hw i got this partern,i just did and it work alot..when ever an anti-harmonic partern is broken(not fulfilled),market always go higher.in this case i propose that a break above the stop.should be a buying opportunity,or set a buy limit
break above or below the triangle is an opportunity to buy or sell