Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
We are currently running 24 pips from entry, based on the Weekly M pattern where we have entered on the wick of the candle. The market has also printed a W formation on the daily, though we might not take it due to the bearish momentum as well as we will not get a 1:3 RRR for that trade, though there are 2 possible reentry, should it retest the entry then BE then reenter again while waiting for an M pattern or a Head & Shoulders pattern where we enter again on both scenarios for a continuation to the downside.
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
We are currently running 24 pips from entry, based on the Weekly M pattern where we have entered on the wick of the candle. The market has also printed a W formation on the daily, though we might not take it due to the bearish momentum as well as we will not get a 1:3 RRR for that trade, though there are 2 possible reentry, should it retest the entry then BE then reenter again while waiting for an M pattern or a Head & Shoulders pattern where we enter again on both scenarios for a continuation to the downside.
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
Operación cerrada: objetivo alcanzado
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.