Harmonic Analysis - page 9
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EURUSD M5. Possible butterfly.
It worked.
Nice
Well,I always use 3-4 swings up and down and make projections and I see where there are more fibo levels...in this case area 90.
I apply multi fibo levels on every time frames....in this case weekly chart....but it is the same for example on a 1 hour chart.....
for timing I use divergences on stoch 5-3-3 or demark's setup (even if many traders dislike it.....but I love it because I use some tricks....)
NZDUSD and USDCAD M5. Possible ABCD.
example:audusd on 1h chart....150%swing green and 223.6% swing red....and if you see 5 m chart you see divergence on stoch 5-3-3
Well,I always use 3-4 swings up and down and make projections and I see where there are more fibo levels...in this case area 90.
I apply multi fibo levels on every time frames....in this case weekly chart....but it is the same for example on a 1 hour chart.....
for timing I use divergences on stoch 5-3-3 or demark's setup (even if many traders dislike it.....but I love it because I use some tricks....)Interesting. Some people may wanna try your strategy someday
and here it is divergence on 5m chart....excuse delaied time but I am trading........................
example:audusd on 1h chart....150%swing green and 223.6% swing red....and if you see 5 m chart you see divergence on stoch 5-3-3
Do those fibo level lines ever bother you? So it's H1 chart although you see divergence on lower timeframe and enter a position? In this case divergence don't have to be on H1?
GBPUSD M5. Possible butterfly.
Do those fibo level lines ever bother you? So it's H1 chart although you see divergence on lower timeframe and enter a position? In this case divergence don't have to be on H1?
NO...because alert is given by higher time frame and timing on lower time frame...so I have a low risk because higher time frame is much more important than lower...
now...for "fun"...gold...monthly chart....:
38.2% swing blue
50% green
161.8% red
if gold will go up...will go up also AUDUSD