You will find the same pattern on the 4hr chart as well, but do not be fooled.
Fridays NFP may change the pattern.The trend is up for now.

HI
Dear Matrix I think you did right but the time that you used indicator has different the time that Kamyar used.
I mean that indicator depend the time you use.for example Kamyar used in Monday and you
used in Saturday so there are different between your pivot line and Kamyar pivot line.and
if you use itnow it will be different with both of the your previous pivots and Kamyar pivots.
cheers

p.sf course i am not sure about it.

__________________
No try,No reward.

You are right that 4hour chart shows the same pattern. And also I provide the potential sell setup in daily chart in the attachachment. A potential Bearish Gartley???

Let's us go back to the basics : all the price/events/expectations of market has already been priced in the chart. The market has already taken that into consideration. This is the basis for technical analysis. Anywhere, thanks for the comments.

Attached Images

daily eurusd.gif (18.6 KB, 301 views)

NFP change the pattern? How bout two gusstimates for you? ECB comes out euro slides lower, bout 2500 area. And NFP data will dissapoint, and euro might do another top on that one.

Abuse hate to dissapoint you but this pattern is actually a WW, and the point 6 is way SOUTH. You are right though, news is priced in, and ECB with BOE will send both items (EUR and CABLE) towards recent lows.

Thanks for that. Harmonic Trading is based on Fibonacci Numbers in which the Fibo numbers is a study of Technical Analysis. Self-Fulfilling phophecy holds.


Apart from that, I also attached a 4Hour Chart for EUR/USD. That is a bearish AB=CD pattern which have been detected 12hours ago, and target have been hit nicely.

Thanks!!

Attached Images

bearish ab=cd.gif (18.3 KB, 296 views)

Yeah thanks for a fib class mate, check out my thread at Moneytec here, Im positioned for a move South before the ECB

After that target been hit nicely, we would want to set up a buy position as it is now supported by the 5-0 Bullish Pattern, Please find in the attachment below.

Attached Images

5-0 pattern.gif (14.4 KB, 359 views)

ruffen,
tryed to subscribe to your thread but it says it's closed. ???

Abuse, you are right bout one thing though, no chaos in the markets, market makers move the money, and ECB/NFP won't change the general direction.

Im short GBP EUR long YEN CHF CAD and some other crosses.

Have to admit thought, yous charts are excellent work, keep them coming!

Attached Images

gbpday.gif (22.2 KB, 300 views)