3 PATTERNS, 2 TIMEFRAMES, 1 PAIR (GBP/EUR)
Here are those patterns : (note: the rules for each patterns are adjusted to meet my 2:1 risk-reward profile)
1. Gartley Pattern, (red) completed at the 1.382 Fib. Extension
2. Cypher Pattern, (blue) completed at the 0.886 Fib. Retracement
3. Bat Pattern, (yellow) completed at the 0.886 Fib. Retrcement
The best case scenario guys, is that price rebounds to meet the target of our gartley, move toward the cypher pattern completion then goes all the way down to the completion of our bat pattern, and finally hit our target.
If so, then we can optimally exploit the price movements.
Regards...
Fedro Christian
1. Gartley Pattern, (red) completed at the 1.382 Fib. Extension
2. Cypher Pattern, (blue) completed at the 0.886 Fib. Retracement
3. Bat Pattern, (yellow) completed at the 0.886 Fib. Retrcement
The best case scenario guys, is that price rebounds to meet the target of our gartley, move toward the cypher pattern completion then goes all the way down to the completion of our bat pattern, and finally hit our target.
If so, then we can optimally exploit the price movements.
Regards...
Fedro Christian