Price has broken the 200EMA, retraced and continued to be bearish. A short flag has set up and we are now awaiting breakout. Very nice potential Risk/Reward.
Shown to me by wstipp18
Shown to me by wstipp18
Note
Updated flag to follow retracement more correctly. New RR 3.25Trade active
Entered the tradeTrade closed: target reached
Closed the trade now ahead of NFP, nice 2.1% gain on that trade (1% risk)
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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.