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| EUR/USD Hourly |
There is a potential abc pattern in the making with double divergence, wait for a false break, near high or a saddle point, tight pattern like in my previous setup...
Previous Setup:
Divergence in price and AO, go down to point a with tight pattern and then rebound to point b, fail to break previous high, come back down again and break the down fractal, enter sell at 1.3766, close half of my position at 1.3700 (near the support) just in case it breaks the support level, but it fails then close half at the bdb (point c) high at 1.3711.. total profit + 60 pips..
and now I'm waiting for another abc pattern...
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