- The probability of this pattern to be complete and work are very high cuz the market it's going to test the resistance zone that the PRZ of the pattern is;
- This one of the amusing things that HP have, they can show to you possible support/resistance(of course in this point it's a resistance), and there in the chart, we can see others correlations point, but I found it unnecessary to show right now, but as I always emphasize to use auxiliary tools to help you have a clear view for the trigger, that's really important for all kind of strategy, let's go to the rules:
1. Harmonic Patterns Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
- This one of the amusing things that HP have, they can show to you possible support/resistance(of course in this point it's a resistance), and there in the chart, we can see others correlations point, but I found it unnecessary to show right now, but as I always emphasize to use auxiliary tools to help you have a clear view for the trigger, that's really important for all kind of strategy, let's go to the rules:
1. Harmonic Patterns Completion - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.