Hi Sive,
Could we assume that the Double Top target has been completed already, considering the modern approach to trading DTs/DBs that you describe in Forex Course:
"- Second approach – use tops and low between them as ABC pattern for Fib extension ratio, then, the approximate initial...
Hi guys! Do you think we might get a 3 drive pattern on H1? By the way, 1.618 extension of the 1st drive coincides with the 1.27 extension of the 2nd drive, and this target could become the wash and rinse of the 1.3205 highs. Chart attached
Hi Sive! Thanks for today's review. Interested to know your opinion, don't we have a wedge on the 4H that has been broken to the upside? I also noticed that if this is really a butterfly on the 4H forming, then its 1.27 reversal target coincides with the Weekly PR1. Chart attached.
Thanks!
Hi Sive!
I have a question about the recent price action on H1. Can it be treated as another butterfly? The ultimate targets of it stand almost at the same levels as of the previous butterfly, therefore 161.8 ext is close daily confluence. Please see the picture attached.
Thank you!
Добрый день Сайв:)
I have several questions. How is this indicator called that you are using for oversold in this research? Is it some kind of MA?
Dont you think that the market, considering the fundumentals, could just continue its sharp downward move without any significant retracement...
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