OANDA:EURUSD   Euro / Dollar Américain
This CURCT price structure on the 30m chart just created a HCT candle. This price structure is a little different than normal CURCT price structures because it allows for a tighter stop level. Normally my stop would have to go below the last major swing low but in this case, I use a tighter stop and it is usually safe. My minimum target level is the CD leg on the AB=CD pattern so it's the 100-level expansion from the AB leg. My hope is the move will be much larger than that. These are the price structures I love to see. NOTHING is every guaranteed so the better looking the price structure the more cautious I am. I have been burned on the best price structures, so I always adhere to a disciplined risk model.
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