We have a Diamond Reversal Pattern presenting on the H4 TF of EURCAD!
I am taking an aggressive Entry right now @ CMP.
Holding until a retest of the Support marked in the Vibrant Green Color lol
Use Proper Stops and Risk Management!
"Trade, Don't Gamble!"
I am taking an aggressive Entry right now @ CMP.
Holding until a retest of the Support marked in the Vibrant Green Color lol
Use Proper Stops and Risk Management!
"Trade, Don't Gamble!"
Note
We are still getting Divergence on the Higher TF, the Euro is being difficult however.Our Diamond Pattern is Invalidated at this point we will revisit this chart closer to London session.
Trade closed manually
Just updating the idea, Once we broke out of the diamond pattern we closed the trade.This is a tough pair for me, will continue working on it.
Note
We are back to the proposed entry for the first trade.We now have SHORT confirmation, will wait for a consolidation and then sell the breakout!
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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.