same story... the target is 1.382 fib of that break out

ZigZag Charm

The target of each break out is the fib extension 1.382 of that break out. image

ZigZag Charm

Another recent example GBPUSD Broke and respected that particular Fib level by consolidating or have a side way correction on top of 1.382 FIB image

ZigZag Charm

Another successful breakout pattern that respect 1.382 FIB Notice we have a head and shoulder pattern and triangle consolidation I took the Fib level of the Head (last leg down). Then market destroy that 1.382 FIB and respect it before going any ...

ZigZag Charm

A proven over and over again until the 2nd coming of Christ break out strategy pattern 1.382 FIB Notice in the picture we have Green and yellow boxes. Those yellow boxes are inside the previous green which means we are in a consolidation waiting for ...

ZigZag Charm

GBPUSD planning to close it with 8 pips. image

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Hey mate, great idea! Let me know how deep you've gone mate. I'd highly suggest you to combine it with EMA 12 and 26 with shift 3 in order to know the context of the market.

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Looking forward selling this sucker tomorrow. If so, the H4 Potential bearish setup emerging is likely image

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Here is the reason why I was bullish on USDJPY during the FED and interest rate news and took profits of it, market poked that fib level many time in the H1 chart and managed to penetrate 1.382% FIB My little secret for you guys image

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Why didn't I sell EURUSD and took break even? Another reason why is, it failed to break below 1.382% fib level which is needed to confirm further downside. Look at that long wicked, whiptail and retreated back to 100% image

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NZDUSD Need to close above 1.382% to be bullish image

ZigZag Charm

GBPUSD H4 Confirmation area for respective trend. Make sure it closes above/belo those confirmation 1.382 FIB lines 1.382 FIB image

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AUDUSD Daily Need to close below Fib 1.382 to confirm further downside image

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EURUSD H4, if you're expecting a bearishness tomorrow Take this 1.382 FIB% as main support image

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EURUSD closed with >80 pips profit.

ZigZag Charm

Little secret When the market broke and close above 1.382 FIB level of the last leg by then we have a breakout confirmation to respective trend. image

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Maybe I will take profit before London Close in 2hr 30 min

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Yes I have, a stochastic would be a very good alternative to soft setup because it has many-many crosses here and there as the macd soft mode.

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The candle I look for is appearing on the 4H chart. Trend continuation to the upside in 4H chart We may have a false bearish breakout here Hopefully it won't change to the opposite

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EURUSD Being so hopeful for a couple hundred of pips to the upside

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