Using only Gartley, Bat, and Cypher pattern, the result is Bat have the biggest win rate. Just practicing some technical analysis on this chart to see how good of indicator the uniformity line proves to be. Uniformity line seems significant. Prices not revealed to Public. Why I like the Trade: Strong Daily bounce at 2 ; Monero took out the old resistance at approx 0. It didn't bother to look back very much, just went for the moon: In this proces RSI has formed a beautiful example of batmansears double peak.
Look for RSI to fall in the coming days and Monero to test the old resistance line. It is a horizontal line Only 3 fuckin trade Trade this butterfly pattern alone in one year will yield The accumilated pip curve can be found here: We take long and short positions.
Enter at the first bullish Heikin Ashi candle Exit long: Exit long position at the first bearish This support goes back a long way, look at it on the weekly. I'm targeting the retest of the pink up channel we just broke, or the blue horizontal channel. Longer term though, I think oil looks extended, and I don't think supply is set to fall much. So I'd be interested to look for a short position Dont know if im patient enough to wait for backtest, but could be safer.
However, for conservative traders, you may wait for backtest to be considered as a valid Hi traders just sharing analysis for the USD Dollar index and how to pick a great entry. Potential buy at any failed re-test of the blue line which also aligns with the RSI and historic support levels. Potential sell at the These are potential trade opportunities.
Please re-analyse the trade before executing. Nice second target confluence just above the 0. Trade it if it is in your plan and you have done the backtesting on this strategy. Have fun with it.
Trading Ideas 19 Scripts A higher high gives confirmation for this entry. Sure looks like another buy the dip right here Show More Ideas 1 2.
From the creators of MultiCharts. Select market data provided by ICE Data services.More...