Hello guys, come and check this out!
Here we can see a great Hormonic Pattern being created, the probability of a reversal of the trend are high cuz we have a lot of points of confluence there: a resistance line @1.39909 and also previous Harmonic formations that rejected the price at the same level!
Rules:
1. Harmonic Patterns Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
Here we can see a great Hormonic Pattern being created, the probability of a reversal of the trend are high cuz we have a lot of points of confluence there: a resistance line @1.39909 and also previous Harmonic formations that rejected the price at the same level!
Rules:
1. Harmonic Patterns Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.