Price action and chart pattern trading
> Wave projection double zigzag correction ABC with downtrend channel breakout and EMA5 crossover SMA50 above neckline
> Inverted head and shoulders breakout, possible wave 1
> Target @ previous A-wave +50% upside
> Stoploss @ right shoulder -15-20% downside
> RRR 3:1
Always trade with affordable risk and respect your stoploss
> Wave projection double zigzag correction ABC with downtrend channel breakout and EMA5 crossover SMA50 above neckline
> Inverted head and shoulders breakout, possible wave 1
> Target @ previous A-wave +50% upside
> Stoploss @ right shoulder -15-20% downside
> RRR 3:1
Always trade with affordable risk and respect your stoploss
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