Got a pretty good daily pattern coming up on the EUR/CHF: about 6 pips of divergence on the daily, which I think is alright. Right arounf the 1.465 mark.
Further corroborated with the 4 hour chart, where there is either 4 or 10 pips divergence, depending on which fib you take
Looks like it might hit right away, too.
Also found this guy on the AUD/USD - perfect convergence on a daily. That is something I like an awful lot. It’s also on the 1.000 fib. So… double nice!
[QUOTE=Aarnog;164446]Also found this guy on the AUD/USD - perfect convergence on a daily. That is something I like an awful lot. It’s also on the 1.000 fib. So… double nice!
according to tmoney AB must retrace at least .236 XA
Very true. Although, taking higher X’s along the uptrend gives me similar convergence, and also gives me near perfect convergence on the 1.272 fib (while also ensuring AB goes beyond .236); so I might just adjust everything to that level tomorrow.
Sound good Aarnog, and thanks for the eur/chf.
Do you think you could also draw it like this? I know it looks odd but i quite like it.
I actually saw this pattern too but didn’t want to mention it due to the fact that it is not symmetrical at all. It looks perfect and would have netted you a few pips had you taken it
racerdude777
I hear you Racerdude, although i guess it’s hard for a pattern to be symmetrical with such a violent (impulsive) XA leg. And with the hourly D in the same area i’m intrigued.
Either way, with the weekend coming I doubt I’ll take it. I’ve never traded it before, seems like a pretty slow market.
Hello, just started reading this thread a few days ago, i find it very intresting, have been playing around trying to learn how to find the patterns in the charts.
Been looking today on EUR/JPY 30m.
Am i right how i have drawed the lines or am i totaly wrong? 
If i am correct a pattern is forming and should head back around the price 128,39? :o
//SwediChris
I would have responded by now but I really dont see what is going on with those fibs on your chart, i only see one fib ?
Also, I drew the pattern on my chart and I couldnt find any convergance, try watching TMB’s youtube video, those help a LOT
EURJPY 30min.
Maybe, there’s convergance at 50-61.8 and I do like the bunching up of prices at C horizontal line so that might be support. 
Alright folks, trying to get ready for the first trading day(s) of the week I spent some time looking over the charts and the Rules of the Trade pdf that was posted awhile back. I have identified a couple patterns that I think are forming. Take a look and see what you think.
racerdude777
Update: I did a further analysis of the USDJPY and found a convergence on the daily chart at the same level I defined on the 15 minute chart originally. The chart is posted alongside the original three for comparison. I understand the convergence on the daily is of the 0.764 of CD on the 0.500 of XA which violates the minimum 1.000 of CD set down by TMB. However, I believe this convergence does constitute a point of resistance that contributes to the actual “D” recognized on the 15 minute pattern. Anyways… just wanted to share!
The patterns look good thanks for posting!
this is a long way off, but i like the pattern, and there could be a trade here for those who trade the cd leg.
this is a long way off, but i like the pattern, and there could be a trade here for those who trade the cd leg.
nice one, I love such bcoz there is possible trend bounce and good resistance. this is an A+ setup
thanks trendline trader,
positive reaction to weak ppi (-0.4) also instructive.
Hi my friend,
I’m still long on cable! so for my sake I hope this not to be completed :rolleyes:
I do have a bullish divergence in the current pattern so let’s see how it goes.
