Thursday, October 6, 2016

Consolidation Breathes Advanced Patterns


Hello traders, I just wanted to share the chart with you just to show that there are always opportunities in the market if you know what you are looking for as you may have noticed the EURUSD along with many of the major currency pairs have not been doing too well through out the month of August even going into September where we thought that volatility was going to increase and the market would pick up. Well, nonetheless, those who trade advanced patterns have been smiling to the bank. We had 5 advanced patterns back to back on the 240 mins chart within an area of consolidation. 2 Bat patterns, 2 Gartley patterns and 1 Cypher pattern with all of them except the first bat pattern hitting target one and target two. Please take note that this is a higher time frame. (Swing trading Timeframe). If you were to drop down to a lower time frame, you would definitely have gotten more opportunities.
If you are interested in learning more about this stuff send me an e-mail or drop a comment below.

 Thank you.

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