wrtm,
Thanks for the response. I generally try to stay away from any patterns that develop under charts higher than 1 hour timeframe (due to high stop loss).
However, it seems like USD/JPY pattern above caught my interest. Thanks.
Still keeping an eye out for the GBP/USD pattern.
Yeah! Me too, I think weāre right on time with this pattern, still looking good. Hereās a gartley right overlapped on the butterfly, looks great to me.
iām finding this one is a bit tricky, i agree with your pattern, but i also have convergence above at 92.50 with the 1.272/1.618 fibs.
there is a 3 pip divergence at D, however it matches with wrtmās 4hr gartley, and it has almost the ideal butterfly fib ratios. not really sure how to play it.
sorry no chart, small situatuion here.
on another note, i think i might leave the cable pattern(s) alone, despite how good they look.
Here is a pattern on the EUR/GBP, the first swing doesnāt reach the fib level, but I think it may still work out.
After the last few days of trending we may have some nice XA legs!
Cable trade was a loser, a quick one, stop loss hit within seconds.
Aussie currently at break even, great support price found at D, I love to see wicks exactly at D points. Trade still open. Nothing is certain, but already risk free.
Yes it was. Based on my previous experience, I thought itād be a high success probability trade. My two other indicators did warn me that it was a strong short when it was trending down and even right before it hit my stop loss (1.6190), but I completely ignored it. Normally, a pattern with such good convergence and formed under 1 hour chart would generate a profit of 40 to 50 pips easy. Maybe Iām missing something or is it just one of those days that we need to accept the fact that we wonāt win all the time?
But then again, this week was kind of weird.
Yes, as you said there were some red light warning us not to take that particular trade, but still imo the odds for at least a small retracement were good. Yeah we canāt win them all. 
Some good newsā¦ this worked perfectly, the pair reversed right at the āDā and gained me my thirty pips. Good luck
racerdude777
I know! what a retracement huh? I was waiting for the higher D, but the pattern is not valid anymore.
I was stopped out at break even for the second amount.
Yea, I was hoping that I could take 30 pips of the pattern I drew before it kept moving up to the higher āDā around 92.50 but oh wellā¦ We have to ātrade what we seeā right?
great stuff dude. like you i thought there may be 30 pips at both points, but was waiting for the second. i should have felt shorted after the jobless dataā¦oh well.
i left an offer in the market at the higher d while i slept, but no bid for the aussie at .9030, my favourite pattern for the week. so that was a mistake.
no trades for the day lol.
Aussie and cable are still on their way to higher/lower Dās, still something on the radar.
good to know, iāll try to find them
only moderate convergence at d (6 pips), but iām ok with that on a daily timeframe.
lots of other reasons to like this area too imo. may need to shorter term patterns to fine tune entry.
sorry, i drew the pattern incorrectly (at c), but the fibs are correct i believe.
I like it very much, I hadnāt seen it, thanks for sharing.
Convergence is almost perfect, which is rarely for a daily pattern, plus the 61.8% convergence makes it more attractive to me.
cool, cool, sorry itās still a long way away.
but my near term takeaway from this chart is that long euro patterns many be safeĀ® to consider.
