Harmonic Analysis - page 140

 

EurJpy-H4-bull 3drives/cypher/bat, currently in BAMM process?

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RyuShin:
You meant "back to back" patterns. If you draw patterns by yourself, it won't look like the pic you post because harmonic patterns have ratios to complete. Anyways, I don't care about back-to-back patterns. I mean when it happen, I'm like "yea harmonics rock!" but I don't see more potential. It's just my opinion. Can you share us why you see more potential?

Told you, it was not the best example, it was the "yeah..." one .

The reason I see it working better is most likely the same as you trust support/resistence - it has proven, the market turned there.- no guarantees in any case of course.

Why would I think if there is a HTF pattern to complete and a LTF pattern is forming in the PRZ I would have more chances?

I dunno... just I have the feeling.

 
lobogabor:
EurJpy-H4-bull 3drives/cypher/bat, currently in BAMM process?

To me that bat pattern is wishy-washy. I see two potential bearish cyphers.

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eurjpyh4_1.png  69 kb
 

USDCAD 1h - Potential bearish gartley.

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usdcadh1_2.png  62 kb
 

USDJPY 1h - Two potential bearish cyphers.

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usdjpym15_5.png  74 kb
 

EURAUD 4h - Potential bullish bat.

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euraudm30_1.png  57 kb
 
RyuShin:
AUDJPY 1h - Potential bearish gartley.

Potential bearish butterfly added.

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audjpyh1_1.png  79 kb
 

Ryu what is that support and resist indicator??

BTW could u share ur template ?

 

I got the same prediction on my harmonics and just took the trade

 
blasko87:
Ryu what is that support and resist indicator?? BTW could u share ur template ?

As for the support and resistance indicator, please check out here https://www.mql5.com/en/forum/183127. I think I don't need to share a temp because I've got no specific settings or anything. I've just added the pivot indicators, RSX (input 7) and CCI (period 7) to my chart. If you'd like the same background color, take a look at the pic below.

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