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It's safe to short. Stoch (14,3,3) just crossed down 76.4 level.
Butterfly in progress. There's a bullish divergence too.
Don't sell yet. Wait until Stoch (14,3,3) crosses back down to 76.4 level.
euro$ Gartley
Look for buy signal confirmation in the next day or 2.
1.618 has been reached in the last a,b=c,d of the gartley.
kind of difficult pattern to get the right starting point from. Theres 4 possible starting points that effect the measurements. So I just went on when the a,b=c,d finished its pattern.
Dave
Watch this pair, EURCHF, H4. I could be wrong. It's close to the "Three Drives Pattern".
http://i43.photobucket.com/albums/e390/freelancer2k/forex/eurchf06052007a.gif
HI Guys,
Maybe this question is been asked already severall times but hopefully you understand me that I don't have the time to scroll true all postings.
Wich indicator is around that predicts the D leg ?...
Thanks a lot in advance...iGoR
Hey Igor,
its GBFXINC from pal talk,
I believe the answer to your question will be found in the newer version of zup, zup 62. I believe it draws a box around the area of point D. I just noticed it today so i hope you get this, this weekend. If not, i will tell you in the chatroom on monday.
Here is the link to the thread containing the newest ZUP indicator:
https://www.mql5.com/en/forum/173439
See you on monday,
Brandon
Zup 63
ZUP_v63 http://onix-trade.net/forum/index.php?s=&showtopic=118&view=findpost&p=213210
ZUP_v63 http://onix-trade.net/forum/index.php?s=&showtopic=118&view=findpost&p=213210
Thanks! Good luck!
See you on ONIX!