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  1. #51
    Solid Member arrais's Avatar
    My 1hr chart it's showing a repeating pattern on the downside. If it happened again my target will be the support 1.13920. I added also a trendline for the upside. The target is the resistance 1.14250.
    https://prnt.sc/fvk593
    Last edited by arrais; 07-14-2017 at 08:55 AM.

  2. #52
    Master Member Okane's Avatar
    Quote Originally Posted by arrais View Post
    My 1hr chart it's showing a repeating pattern on the downside. If it happened again my target will be the support 1.13920. I added also a trendline for the upside. The target is the resistance 1.14250.
    https://prnt.sc/fvk593
    Looking good but there will be news coming up soon so we'll see if we get a big break up on EUR or not. I am in the UJ already since this morning and so far it looks good - hope news doesn't mess it all up :P
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  3. #53
    Master Member Okane's Avatar
    Well, it worked like a charm!

    Both targets reached. EUR USD and USDJPY:

    http://prntscr.com/fvmzqu

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  4. #54
    Master Member Bogdan G's Avatar
    Quote Originally Posted by Okane View Post
    My thoughts on EUR USD.
    IF the previous patterns get repeated today, it will fall further to meet the lower trendline here (arrow down)
    or it will break the downgoing trendline (trigger) and try to head for previous top.

    http://prntscr.com/fvj8tr

    http://prntscr.com/fvj9s2
    Yeah man, very nice use of Masters and Triggers. Simple and clean. I stayed away from the EUR/USD. I just cant feel it at the moment. Shorted UJ though at the break of teh support i showed earlier
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

  5. #55
    Master Member Bogdan G's Avatar
    Quote Originally Posted by arrais View Post
    My 1hr chart it's showing a repeating pattern on the downside. If it happened again my target will be the support 1.13920. I added also a trendline for the upside. The target is the resistance 1.14250.
    https://prnt.sc/fvk593
    Something important that I use: a Master usually has 3 good Triggers. Take a look at your pic: the first three triggers were well drawn and worked like a charm. The fourth failed.
    I am not saying this happens all the time, but usually, i dont take the 4th trigger (or the fourth leg/wave) in a trend.
    Sure, there are waves within waves, a pullback to an uptrend on a 4H chart can look like a legit downtrend on a 5 min chart. There's room for interpretation, but if I see 3 good signals, i usually dont take the 4th. Take it with a pinch of salt, of course
    Insanity: doing the same thing over and over again and expecting different results. Albert Einstein (attributed)

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