Hi all,
- great website, great free content. I really appreciate that.
- I have a beginner question for you … and here it is:
In the school of pipsology you describe both above mentioned harmonic pattern:
For me, the ThreeDrive is just a prolonged version of the ABCD where at point D of ABCD I am exactly on the same position as on the 2 of the ThreeDrive.
How can I now know which harmonic pattern is valid (distinguish the two)?
If its the ABCD I am fine with a short at that position, if it is the ThreeDrive is goes further up to the 3 and I eventuelly run in my SL.
Or do I just lay my SL behind the possible 3?
Do you understand my problem?
I would appreciate any hints on that problem.
Greetings Dave