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!
تم فتح الصفقة
أغلقت الصفقة: تم الوصول للهدف
Nice end of the week with this first target being hit! Stops at breakeven now.أغلقت الصفقة: تم الوصول للهدف
Second target attained!
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
منشورات ذات صلة
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.