Hi traders
eurusd might gives an opportunity with a bearish 2618.
After eurusd made a DT (double top) and break structure to the downside passing the "valley", it retraced to Fib618 entering the potential reversal zone.
Well at this point, it is close to be a short opportunity BUT in my case the SL is too wide for the maximum allowed, so, I need to wait for market to either go up to reduce my SL or make another DT on lower time frame (LTF) h1.
As always, comments are welcome
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"Build a plan, follow it consistently"
Regards
Rafael
eurusd might gives an opportunity with a bearish 2618.
After eurusd made a DT (double top) and break structure to the downside passing the "valley", it retraced to Fib618 entering the potential reversal zone.
Well at this point, it is close to be a short opportunity BUT in my case the SL is too wide for the maximum allowed, so, I need to wait for market to either go up to reduce my SL or make another DT on lower time frame (LTF) h1.
As always, comments are welcome
---------------------------------------------
"Build a plan, follow it consistently"
Regards
Rafael
Trade active
There is also a bearish bat together with this opportunity 
In case this was traded as a 2618, trade is active
Trade closed: stop reached
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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.