Interested in learning about chart patterns to see if they really work. I am just going to take a bunch and forward test them to see if they can be profitable or its all a myth
GBPUSD 4 HR break and retest
Stop entry set at the break of the pin bar - 1.5365
Stop - 1.5315
2 Targets - PT 1 @ 1.5435 R:R 1.2/ PT 2 @ 1.5499 R:R 2.68
Entered into GBPUSD Trade.
First PT Hit and and have a trailing stop of 50 pips on the second part still looking to hit 1.5499
USDCAD 1 HR ABCD Pattern
Entry @ 1.2435
Stop @ 1.2451
2 Targets - PT 1 @1.2401 R:R 2.12 / PT 2 1.2335 R:R 6.25
Looks like my ABCD pattern is upside down and is actually a 3 Drive instead. The Fibs still line up so im going with it.
