Hi All,
Expecting this pair to provide a fakeout of this pattern then react to overhead structures before making a move down.
I believe the likely destination is the 1.2100 level below but my personal targets are at 1.2135 just to be safe.
This pair has a trade score of 4.7 as per my last post (See related ideas below)
Will hopefully update this idea if/when my criteria are met at the levels above.
If they are not, I will still look to take advantage of a downtrend, should it occur, all the way down to the levels outlined.
Happy trading.
Expecting this pair to provide a fakeout of this pattern then react to overhead structures before making a move down.
I believe the likely destination is the 1.2100 level below but my personal targets are at 1.2135 just to be safe.
This pair has a trade score of 4.7 as per my last post (See related ideas below)
Will hopefully update this idea if/when my criteria are met at the levels above.
If they are not, I will still look to take advantage of a downtrend, should it occur, all the way down to the levels outlined.
Happy trading.
Note
Zone reached, awaiting confirmations to enter shortTrade active
3:1 potential
Trade closed: stop reached
Idea remains the same, looking for re-entryNote
Trade active
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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.
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.