ABCD Pattern and Double Top
Updated
ABCD Pattern and Double Top completing at major daily resistance. We have got several long wicked rejection candles and have held structure/valid for a DT. RSI confirmation with divergence over bought at 93. Stop 1ATR above the first test and looking for FIB based targets at 38.2 coming in at a previous structure level.
Trade closed: stop reached
what a shame got 100 pips up and news made it rally and stopped out for -62
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.