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hi
no it is not a pattern at all
the first and crucial problem is the point C.as i said before the point C must be between A and B.IT IS manDATORY.so the pattern that u found is not a valid one.besides the crab and bat pattern is good for stock market i personally use ab=cd and gartley and butterfly patterns (od course just ideal ones.)so gorget those.it ios me personal idea
enjoy
Please correct me if i am wrong LOL . But as i am teached u find the AB ( 1 big ) (Maybe on a higher timeframe ) then monitoring the lower timeframes finding a complete abcd ( a small 1 ) and taking the maybe potential convergen trade.
Please correct me if i am wrong LOL . But as i am teached u find the AB ( 1 big ) (Maybe on a higher timeframe ) then monitoring the lower timeframes finding a complete abcd ( a small 1 ) and taking the maybe potential convergen trade.
Sailor
sorry i could not ynderstand what u said.woild u paraphrase it
thanks
this is how i find my patterns. u can se the latest abcd boundry in the euro not the big ones. U can se the area marked C? So i se a gartley but i am not taking this one as the most recent uptrendline is still holding and a inner uptrendline just been broken so i will probably stand aside and watch fomc decision later. so basiclay im doing the same as u i think
this is how i find my patterns. u can se the latest abcd boundry in the euro not the big ones. U can se the area marked C? So i se a gartley but i am not taking this one as the most recent uptrendline is still holding and a inner uptrendline just been broken so i will probably stand aside and watch fomc decision later. so basiclay im doing the same as u i think
Sailor
hi
i think i understand what u say.
s far as isaw in your pics u use break even for trading and to some extent triangular patterns.because i can not see any fib levels in yoyr chatsanyway i hope that i will be able to help u
kamyar
Hey there
i have modified my chart a litle as u can se the yellow trend lines are my longer term trend lines the red is my inner trendlines. if the latest C? is holding around 1960 my next projected D ( longterm ) will be 1.2300 or better.
Linear Mode
