Short EURAUD
Entry: 1.59405
SL: 1.59805
TP: 1.58500
Simple set up, as clear as day.
Entry: 1.59405
SL: 1.59805
TP: 1.58500
Simple set up, as clear as day.
- Market below EMA 13
- H&S reversal pattern confirmed with the breaking of the neckline
- RSI below 55% resistance level
- Market pullback below descending trendline resistance
Trade chiuso manualmente
Market broke descending trendline resistance. H&S patter failed. prefer to close position to prevent further lossesNota
Price nearly reached target. Should not have closed the trade. Sometimes, just because the pattern may have failed does not mean the trade is invalidated. Always trust in your analysis.Here my analysis was spot on. But I was too trigger quick.
There will be other chances.
Nota
Please see my linked idea under the "Related Ideas" section below. I've posted a new trade idea...For those of you lazy to click, here's my chart:
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.