EJ trend continuation trade
Ladies and gents,
As we can see here the market pushed down quite strong. So this was a risky trade to take, due to the huge amount of selling power.
BUT, we got as confluence:
-Bat pattern
- 1h Structure
-daily structure
-long term fib
-oversold RSI
-200% extension
-short term fib
Making this a possible area of interest.
-Enjoy!
As we can see here the market pushed down quite strong. So this was a risky trade to take, due to the huge amount of selling power.
BUT, we got as confluence:
-Bat pattern
- 1h Structure
-daily structure
-long term fib
-oversold RSI
-200% extension
-short term fib
Making this a possible area of interest.
-Enjoy!
Note
Also, check out my previous analysis I did on AUDJPY. I also took this pair short ( the other day ), and now trying to ride this thing back up!
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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.
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.