SIZ2 Short Idea
Updated
Hello traders,
here's a good example of a triangle pattern (marked red) which has been confirmed as correct by a continuation upwards. Now that the pattern-driven move is about to be completed near upper band of a channel we can use this SHORT opportunity from this position targeting a lower band of a channel (entry point is cirled)
Good luck and use SL!
Tony
here's a good example of a triangle pattern (marked red) which has been confirmed as correct by a continuation upwards. Now that the pattern-driven move is about to be completed near upper band of a channel we can use this SHORT opportunity from this position targeting a lower band of a channel (entry point is cirled)
Good luck and use SL!
Tony
Note
Spotted an engulfing bearish candlestick pattern on DXY to back up our SIZ2 short idea.Trade closed manually
I had put SL higher than marked here and eventually had to close the short position manually around 62600.Note
Hi Traders, This short was a good trade. RUB continues to find lower grounds as exporters sell the foreign currency revenue.
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