Lunar New Year Trades ??
Happy Lunar New Year (Gong Xi Fa Chai) everybody !!! Hope you guys had a great reunion dinner and a good celebration with family & friends. Happy Holidays to the rest of you who had the long weekend off.
Just got back to the charts yesterday and I am currently in these 2 trades. Short AUDUSD H1 and Gold H4. Shorted AUDUSD, trading the CD Leg down to the potential Bullish Bat pattern. Good risk to reward trade.
Shorted Gold based on the Type 2 Bearish Shark Patterns
Also saw some potential trades coming up on the GBPUSD H4. Will track this and trade these patterns accordingly. Trading is all about selling high and buying low.
Bullish Shark completed on the GBPJPY H4 and an inverted HnS at the PRZ. Do note that the pattern has already touched the SL before turning up (not the most ideal pattern setup), however the bullish signs are there.
Trade well and trade safe everyone !! You are most welcome to drop me a line at firstname.lastname@example.org if you have any questions on Harmonic Patterns