Wednesday, August 1, 2012

121 pattern (running correction) proceeds the impulse

The small (predefined in AMP indicator) stops were taken here unfortunately, ...but anyway, this screenshot presents well the proper location and the power of the running correction that proceeds the impulse wave.

USDCHF:


EURUSD:

121 pattern specifics to be explained on the www.TradingArsenal.com Forum

Related Posts:


All about the 121 pattern trading
Geometric 121 pattern - location is the key
121 pattern confirmed by the daily pivot point
classic running correction - 121 pattern
harmonic trading 121 pattern bearish
harmonic trading forex 121 bullish pattern GBPCHF M30
121 bearish GBPJPY M30




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