Hey guys,
very simple trade, price has completed an AB=CD pattern on this pair, right at the most previous structure level. Also, it has created a nice long wick to the top candle that closed as engulfing, with RSI overbought condition in our support.
Waiting for a little pullback in order to short the market and get at least a 1:1 RR on the first target that would be placed on the first AB=CD target (at the 382 retracement).
Stops above the highest highs.
Good trading!
If you want to share your standpoint or ask questions, feel free to write below.
Otherwise, see you in the next chart!
very simple trade, price has completed an AB=CD pattern on this pair, right at the most previous structure level. Also, it has created a nice long wick to the top candle that closed as engulfing, with RSI overbought condition in our support.
Waiting for a little pullback in order to short the market and get at least a 1:1 RR on the first target that would be placed on the first AB=CD target (at the 382 retracement).
Stops above the highest highs.
Good trading!
If you want to share your standpoint or ask questions, feel free to write below.
Otherwise, see you in the next chart!
Trade attivo
Trade chiuso: obiettivo raggiunto
Nice end of the week with this first target being hit! Stops at breakeven now.Trade chiuso: obiettivo raggiunto
Second target attained!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.