The price formulated small expanding triangle pattern, where AB=CD. A breakout will further drop to the next support level.
Regards,
TheForexFarmers
Regards,
TheForexFarmers
Operación activa
The trade hit the top of the parallel channel last night and almost hit our stop loss. However, the pair is currently touching the trendline. A break out will show a further in price.Trade Safely!
TheForexFarmers
Operación activa
We still holding our positions as the trade running in profit. It can be seen that the price is attempting to break the parallel channel. Upon success, the price will nicely dive to our TP. Trade Safely!
TheForexFarmers
-John
Nota
The pair finally broke the parallel channel, heading further down. A retest could happen, this could be another entry.Trade Safely!
TheForexFarmers
-Alex
Nota
We saw a big downslide during NY session, which played according to our analysis. We closed 75% of the trade and left 25% running in profit. The pair still didn't complete the AB=CD pattern, a further slide to the downside is on the card.Trade Safely!
TheForexFarmers
-Alex
Operación cerrada: objetivo alcanzado
The trade hit TP, 149 pips profit.Trade Safely!
TheForexFarmers
-Alex
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.