We have just gone short based on three reasons.
1. The trend is bearish and thus our trade is in line with the trend.
2. Formation and completion of a bearish gartley harmonic pattern.
3. Formation of a 1 hr pin bar indicating weakness
Make sure to have your stops on. Anything can happen in this market.
Trade closed: target reached
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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.