Actually we Have:
1-Gartley Pattern (The Purple One)
2-Cypher Pattern (The Yellow one)
3-Structure resistance Area (1.1338 : 1.1358)
-we noticed that 2 harmonic patterns came together with the same complation piont ... give us a unique short trade area
-we have a powerful resistance area ..So we anticipate that this area can stop the upward move of the price ...
-Our Stop we be above the (X point of harmonic patterns)
-our target is 0.382 From (C) to (D) of Gartely with 1: 1 Risk /Reward ... iam here choose my target to 0.618 for good Risk Reward profile with almost 1:2
Be sure to be ready ......!!
Thanks ..............!!
1-Gartley Pattern (The Purple One)
2-Cypher Pattern (The Yellow one)
3-Structure resistance Area (1.1338 : 1.1358)
-we noticed that 2 harmonic patterns came together with the same complation piont ... give us a unique short trade area
-we have a powerful resistance area ..So we anticipate that this area can stop the upward move of the price ...
-Our Stop we be above the (X point of harmonic patterns)
-our target is 0.382 From (C) to (D) of Gartely with 1: 1 Risk /Reward ... iam here choose my target to 0.618 for good Risk Reward profile with almost 1:2
Be sure to be ready ......!!
Thanks ..............!!