Harmonic Trading Signals
- Thread starter rserene84
- Start date
I'd post images with signals too, as per wish above.
As of now, please see the bearish signal on Daily TF of Eur-Usd. The rectangle box is the entry zone.
Target is 1.33. This is the daily chart, so 1.33 might be reached in weeks to come.
As of now, please see the bearish signal on Daily TF of Eur-Usd. The rectangle box is the entry zone.
Target is 1.33. This is the daily chart, so 1.33 might be reached in weeks to come.
Anyways i demanded that 5 min setup which gave 40 pips profit if i am clear.
And hey i am friendly,don't get angry i like what you are doing here,please continue.
Now what you posted was a 5 min setup and this is a daily now daily sure can move a lot but 5 minutes are rare finds,so that is why i asked.
Regards
Taz
Hi Taz,
As with any lower time frame signal, which have less target and less risk, but lower TF ones lot times do not play out well. Reason is there is always some pattern on higher time frame.
The 5 minute signal, which i took TP at 1/2 of the move and moved SL to break even for rest 1/2 of the position. Afterwards it hit the entry and I took just 1/2 profit, so consider that 5 minute one Invalidated. I don't have a chart for it anymore as I deleted the Invalidated pattern, so sorry about that.
As mentioned earlier, 5 minute was Bullish Crab and Daily had Bearish Gartley, hence it did not played out. However a Bullish Gartley was at H1 in Eur, which played well last week and that was a signal for me to get out of Short Position taking little profit, now Euro is giving another Short opportunity, till 1.4300
So keep a SL of 1.44 and enter at 1.43 to 1.4350 and also take a little position now! Dollar is on sale and I like buying on "Sale"!
These patterns come very frequently, so cannot post every one, I post only which I myself take as I prefer 1:2 RR atleast, because I take 1/2 profit at 1/2 of Take Profit, this makes my RR to 1:1.5, thus the reason for only taking 1:2 RR trades.
As with any lower time frame signal, which have less target and less risk, but lower TF ones lot times do not play out well. Reason is there is always some pattern on higher time frame.
The 5 minute signal, which i took TP at 1/2 of the move and moved SL to break even for rest 1/2 of the position. Afterwards it hit the entry and I took just 1/2 profit, so consider that 5 minute one Invalidated. I don't have a chart for it anymore as I deleted the Invalidated pattern, so sorry about that.
As mentioned earlier, 5 minute was Bullish Crab and Daily had Bearish Gartley, hence it did not played out. However a Bullish Gartley was at H1 in Eur, which played well last week and that was a signal for me to get out of Short Position taking little profit, now Euro is giving another Short opportunity, till 1.4300
So keep a SL of 1.44 and enter at 1.43 to 1.4350 and also take a little position now! Dollar is on sale and I like buying on "Sale"!
These patterns come very frequently, so cannot post every one, I post only which I myself take as I prefer 1:2 RR atleast, because I take 1/2 profit at 1/2 of Take Profit, this makes my RR to 1:1.5, thus the reason for only taking 1:2 RR trades.
The above pattern was invalidated, which is even a better signal. I made 60 pips on the short side, as soon as pattern was invalidated.
Reason of my short: Higher Time Frame is Bearish + this failed Bullish Pattern on lower time frame = big move!
Higher Time Frame is bearish, as quoted in very first post..Hope you got the point!
Reason of my short: Higher Time Frame is Bearish + this failed Bullish Pattern on lower time frame = big move!
Higher Time Frame is bearish, as quoted in very first post..Hope you got the point!
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