Was slightly late in identifying this setup. I usually will short on the Right Shoulder and take my TP1 at the neckline. Price has risen significantly last night and a change in trend is underway.
However, there may be chance for a small pullback up and then take the short.
One thing to note for all traders, DO NOT chase the trade! I repeat DO NOT chase! We want to sell at the highest price possible and buy at the lowest price possible, this is what set a professional apart from novice.
Entry: 0.00000611
SL: 0.00000618
TP: 0.00000590
Risk-Reward: about 3
Can consider to take partial profit at 1:1.
Do like, share and follow us for more analysis like this regularly.
However, there may be chance for a small pullback up and then take the short.
One thing to note for all traders, DO NOT chase the trade! I repeat DO NOT chase! We want to sell at the highest price possible and buy at the lowest price possible, this is what set a professional apart from novice.
Entry: 0.00000611
SL: 0.00000618
TP: 0.00000590
Risk-Reward: about 3
Can consider to take partial profit at 1:1.
Do like, share and follow us for more analysis like this regularly.
Trade attivo:
Hope you guys gotten your fill at 0.00000611 :)
Can consider taking partial profit to risk-free your position.
Can consider taking partial profit to risk-free your position.
Trade chiuso: obiettivo raggiunto