Bullish Crab - Short - Watch for Fork Break! + Pattern!

By proptrading
تم تحديثه
Currently retracing from .382 fib level, look for price to bounce off the next .382 for trend to continue downwards.
Or if it breaks, wait for the price to move to the blue line of the fork,
from 2.08158 to the .382 retracement at that level and then continue lower!
Overall POSITIVE downtrend!

If Head and Shoulders pattern completes, look to take off profit at the .782 retracement level! (Set SL just under the last shoulder peak & Enter just under the LOW of the peak for the best entry point.

All the best in your trading!

CharlieFX
تعليق
* Excuse me, " Last shoulder completes at around .236 retracement"
أغلقت الصفقة: تم الوصول للهدف
3 targets reached! Trade closed.
تم فتح الصفقة
Bullish CrabCrabdowntrendFibonacci RetracementFORKHead and Shoulders

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