harrymonic: when price closes below the support and resistance of point B. expect the move to reverse at least 127 extension of leg cd. so in eur usd, we can place out takeprofit at 1.292. thats 200 pips with only risking 25pip stop loss. RR approx 1:8. thats our 2nd target.
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ow yeah. this pattern is now looking good
---------------
eg m15
--------------- eg m15
yes its forming. but still not in time zone
--------------- eg m15
nice trade bro
waitng n200 @ EUR JPY
n200 completed in Eur Jpy. hope price reverses quick
already closed some positon and moved to BE...
got stopped out at BE
when price closes below the support and resistance of point B. expect the move to reverse at least 127 extension of leg cd. so in eur usd, we can place out takeprofit at 1.292. thats 200 pips with only risking 25pip stop loss. RR approx 1:8. thats our 2nd target.
now near target...
EUR JPY. n200 pattern that can yeild major reversal!! on 15m chart!!!