Hello,
In this short article I will show you how to combine FxMath Scanner & FxMath Predictor. Sometimes we lost some Harmonic Patterns and trade those, but FxMath Predictor provides some opportunists to trade those patterns.
Let review one example:
This is one expired @Gartley pattern.
XPTUSD,H4: SellStop@: 824.68, StopLoss: 832.72, TakeProfit_1: 810.22, TakeProfit_2: 797.61, TakeProfit_3: 788.71
This pattern hit 3rd Takeprofit and made 362 pips profit. Now question is price moves down and reach to lower prices or not?
First we check our Fibonacci ratios:
Draw Fibonacci retrenchment from X to A:
price reached to 61.8%(D) Fibonacci and reversed and hit our 3rd TakeProfit.
Now let draw one Fibonacci Extension. X,A,D
So price from X went to A, next 61.8% retraced to D and now moving down and high chance reach 100% Fibo.
Now we use FxMath Predictor and check different scenarios.
It finds one @Butterfly Incomplete pattern in down trend.
@XPTUSD(240) – Pattern : Butterfly – Target : 758.84
So as you see our predicted “D” is too close to our 100% Fibonacci Expansion. You can trade this Sell(short) and put TakeProfit in “D” point.
If you interested purchase FxMath Scanner and FxMath Predictor you can use below payment links and get 25% discount.
25% discount coupon: RezaOff25
FxMath Harmonic Patterns Scanner:
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FxMath Harmonic Patterns Predictor:
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Regards,
FxMath Financial Solution