Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019


Here
we show that how Excessive Momentum and Harmonic Pattern was coincided to confirm the same bullish entry.

Firstly,
I put Excessive momentum indicator. It gives me that potential reversal area around 1.272 (127.2% retracement level). Remember what I said
about Excessive Momentum ? When you or indicator detect Excessive momentum, you have to pay a particular attention.

Next,
Harmonic Pattern also confirms the entry at the similar point as the Excessive momentum does. This is good confirmation together for the
same bullish entry.

Of
course, next watch point is the first Potential Continuation Zone for EURUSD at 1.0997.

Please
Note that it is not the Fibonacci Retracement you are looking at there. You are looking at Excessive momentum first and then you are
confirming your entry with Fibonacci Retracement. Excessive Momentum give you clue about where you need to use Fibonacci Retracment
entry.

The
detection of Excessive momentum is done automatically in the Excessive Momentum Indicator. In addition, if you are volume spread analyst,
Excessive Momentum can be good supplementary for your trading too.

Here
is link to Excessive Momentum Indicator.

https://algotrading-investment.com/portfolio-item/excessive-momentum-indicator/

https://www.mql5.com/en/market/product/30641

https://www.mql5.com/en/market/product/30621

 
Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019



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Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019
Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019
Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019
Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019
Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019

Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019

Harmonic Pattern And Excessive Momentum - Analytics & Forecasts - 3 October 2019