- same analyses as last time but that trade did not trigger - now shorting a lowe 2
- Expecting spike channel formation to form - short after low 1 (possible after strong spike) - equation = 0,6 * 17 - 0,4 * 14 = 4,6
Anticipating trend continuation after high 2 formation at fib retrachment Long into 1.1750 (measured mover and also fib retrachement) (It is dissucable if this is high 1 or high 2) Traders equation= 0,6x19 - 0,4 x 14 = 5,8 pips
-1h breakout retest -entered on the tight trading range breakout at resistance area
-Double top at support of range - Second entry/try - Still fading a fakeout
- shorting at top of range -shorting fakout -shorting strong bearish reversal candle
- anticipating a breakout or a fake out, - but STOP order above and below the last candle
First target 50 ish pips Second target 100 ish pips Third target 180 pips
Short, Blue first target T/P second Own s/l at your risk
Dubble top Blue first target, then tp. Set your S/l at your risk
short there are many ways to take profits because it's a many pips trade. Set your profit targets and s/l to your risk management