mbrown, some serious work has to be done by the bears, impossible is nothing...What should happen after ABC pattern? new swing low...but pattern can also fail...

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Very nice Floryn, we always should ask ourselves where we want to be bulls? where we want to be bears and why? url

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@Vladutz112, check today's PA on euro chart and decide for yourself if it's worth to pursue.

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mbrown, on Sunday I studied your attachment from your past post for two hours and somehow I still don't trust myself that I'm doing pitchfork correctly...but my method matches yours perfectly.

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just to prove my point....funny isn't it?

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long/short......all depends on an objective and the time frame the trader choose to trade... some take only retracements some like to counter trade, it's all good as long as traders know what their own game is

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Why would you want to short when %K is in oversold zone?... Of course, it can stay there forever until %D come to it but this is hoping for the best scenario.

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or..............I know the second part of this saying

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mbrown, I started to demolish my ceiling to look for your hidden camera...lol

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High might be in place based on 5 days ATR (85 points/pips)...let's see if the market can stretch it to 120% of ATR(5)....right now the market is at a tough spot on the daily chart, a few harmonic patterns completed in this zone.

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Bill, if (C) breaks 1724 is in play...you never know

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Yes, it was an awesome fight at this level.. let's see what happen next.

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maybe not so fast and not so deep....

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Sossos, allow me to back you up with the chart...

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4% chances that both YL and YH will be tested next day....

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still possible........

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Sossos, same here......

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Sossos, I would have to see your chart because I don't see the 1-2-3-4-5 pattern without Tokyo session data.

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possible........unless we have only ABC pattern to the upside.

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Thanks, Mitiblotch, .....the market should continue down because of the pattern on the HTF trumps (no pun intended) the pattern on STF...I am a day trader so mostly I trade setups from 30M chart ( don't hold overnight or over the weekend ) but I am ...

EURUSD only