A potential bearish AB=CD pattern will complete at about 114.5 levels and the 0.618 retracement of the previous decline is at 114.8 level.
Meanwhile the previous structure is also located in this zone.
So it is good to sell short at 114.5-115.0 levels when bearish candles appear.
SL:above 115.2
TP1:113.8
TP2:113.3 and further more
Meanwhile the previous structure is also located in this zone.
So it is good to sell short at 114.5-115.0 levels when bearish candles appear.
SL:above 115.2
TP1:113.8
TP2:113.3 and further more
Trade closed: stop 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.
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.