Analysis
Equality between A-C is common, so according to this idea, this may be an opportunity to short.
The risk to reward is really good for two targets.
Plan
Short with a tight stop, just above swing high.
Equality between A-C is common, so according to this idea, this may be an opportunity to short.
The risk to reward is really good for two targets.
Plan
Short with a tight stop, just above swing high.
Note
Stopped by a few pips, trying again, re-shortingTrade closed: stop reached
Stopped out, and managed to get a break even on the second try. Thats what i get for revenge trading...
Price didnt go nowhere, i will stay aside from this pair
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Disclaimer
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.