After break some consolidation with a big candle, now we have another bearish engulfing candle which indicate some bearish continuation.
we can take a short entry when candle close or wait some small pullback to blue line.
at least we have 1:2 risk ratio.
if price really going down and break red trendline, we can expect the further down movement
we can take a short entry when candle close or wait some small pullback to blue line.
at least we have 1:2 risk ratio.
if price really going down and break red trendline, we can expect the further down movement
Trade closed: stop reached
-40 pips
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.
Patternception
channel : t.me/patternception
instagram : @patternception
channel : t.me/patternception
instagram : @patternception
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.