A potential 2618 trade
- Double top
- Break of neckline
- 61.8 Retracement
- SL must go a minimum of -10 pips above double top
- TP1 at a 38.2 retracement
- TP2 at the 61.8 retracement
Due to a deep retracement past the neckline, the risk reward on this trade isnt great but certainly one to keep an eye on.
Good luck.
- Double top
- Break of neckline
- 61.8 Retracement
- SL must go a minimum of -10 pips above double top
- TP1 at a 38.2 retracement
- TP2 at the 61.8 retracement
Due to a deep retracement past the neckline, the risk reward on this trade isnt great but certainly one to keep an eye on.
Good luck.
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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.