There are lots of patterns which confirm coming bearish wave 3rd level of Elliot wave on its way and most importantly this reverse Dragon pattern in 15min so if you sold at 1.0630 there will be still a lots of room for gains, if not still there will be possible small hump (Max=1.05970 &1.06) so you can sell from there again, usually SL should be bigger than second leg of Dragon (C) in this case you can trade a risk free at 1.06 (SL=30pips) Target1=1.05288 Target2=1.04980 Target3=1.03890
Note
Target 1 reached*Trade closed: target reached
Target 2 reached
Related publications
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.
Related publications
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.