Potential Pattern Confluence
This pattern's entry is only 10 pips above the cypher published by Gramatikov89
tradingview.com/v/pxnWKNdq/
Perhaps that gives this set up more ammunition for greater probability in our favor.
Sell point on this pattern is also at the 1.618 of a to b and if we get
a small downward move to about .8240 of so, it will be an A = C
also at the short entry. Stop loss is a bit debatable -
Just above the trend line or above X or probably the best place, would be
above the cypher X point. Tight stops should keep an eye for re entry !
Maybe the candlesticks will give us a good entry/stop loss combination.
Best of trading this week !!!!!!
tradingview.com/v/pxnWKNdq/
Perhaps that gives this set up more ammunition for greater probability in our favor.
Sell point on this pattern is also at the 1.618 of a to b and if we get
a small downward move to about .8240 of so, it will be an A = C
also at the short entry. Stop loss is a bit debatable -
Just above the trend line or above X or probably the best place, would be
above the cypher X point. Tight stops should keep an eye for re entry !
Maybe the candlesticks will give us a good entry/stop loss combination.
Best of trading this week !!!!!!
Penafian
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