after doubletop and breakdown i now placed 2 sell orders at the 0.618 retracement.
both have stoploss 10 pips above the doubletop.
one has take profit at the "0" (86.70 something) and the other at 86.40.
all this is high risk because we are in a correction after an impulse up but with the orders you can have everything automated.
after the first target is hit move stoploss of 2nd trade to breakeven.
do not risk more than 1% of your trading account money on these both stoplosses together!
green arrow drawing shows my forecast for that correction and its end that is likely to be resolved to the upside.
this is not a trade call you are responsible for the stupid things you do ;)
have fun and good luck all!
both have stoploss 10 pips above the doubletop.
one has take profit at the "0" (86.70 something) and the other at 86.40.
all this is high risk because we are in a correction after an impulse up but with the orders you can have everything automated.
after the first target is hit move stoploss of 2nd trade to breakeven.
do not risk more than 1% of your trading account money on these both stoplosses together!
green arrow drawing shows my forecast for that correction and its end that is likely to be resolved to the upside.
this is not a trade call you are responsible for the stupid things you do ;)
have fun and good luck all!
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