On the euro pound we have a gorgeous 222 Pattern. we have the abcd, which is a 786 and its recip. ratio is the 1.27 and the cd leg on a Gartley pattern is a 1.27 minimum. the completion point is a few pips above that. the 786 XA point is just a few pips above all of those. As a harmonic trader winning a trade feels amazing, but what honestly feels even better than winning is having an analysis and a picture perfect pattern complete and do exactly what the pattern says PA is supposed to do.
#RiskFreeOrBust
EURGBP
#RiskFreeOrBust
EURGBP
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if this candle prints as a strong bearish candle then 0900 US Centeral time will be an entry time! nice Bearish Shooting Star and not bad for a T1 setup and a TP of the .382 Watchlist!
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we are wanting the candle to close and engulf both the Doji and the candle prior to it for a strong sell signal!
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Best not to chase a trade. this pattern completed the reversal pattern and the T1 set up all in one candle. wait for the retest to re-enter!
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i took profit on my TP1 early this am!! right now we are seeing a possible second chance to sell this pair. this is a strong candle so sit on your hands and let the trade come to you. no point in tring to stop a run-away train