My target is atleast a 50% retracement yestereday high & low.
Entered on 15m Orderblock with stoploss below
There is a clear break of structure.
1hr candle convincing close above london high signaling strong bullish momentum
Comentário:
Technical Analysis 101 book for beginners tells us that:
-ABC pattern is:
A is same length as C from B.
-we retraced 50% from London low to N.Y. High.
-we can expect price to reach 1.08522 if C leg will be the same length of A leg.
Comentário:
reentered @ fvg 5m
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
-ABC pattern is:
A is same length as C from B.
-we retraced 50% from London low to N.Y. High.
-we can expect price to reach 1.08522 if C leg will be the same length of A leg.