Short

TREND CONT

Di melihFX

Aggiornato

Expecting a new bearish swing
1.1820-1.1845 range

Trade attivo

opened short pos 1.1840

Commento

1.1840 is head&shoulder, harmonic D, 61.8 retracement. And 1.1890 ise weekly shark completion.
But reverasal did not comfirmed yet.There is several options for this trade.

1. Loses momentum and reverses from 1.1840. Then this plan works.
2. Double-Top (or maybe below top) and reverse
3. Sets a new high at 1.1935 and reverses. Shark pattern completes (1H frame) at this level.
4. Breaks 1.1935 and cont bullish price action. For me it a low possibility.

Looking forward to see the next week.

Commento

losing momentum 1.1721. Market is bearish.
Set SL below breakeven.

melihFX

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