A type2 bearish crab setup on the 1-hourly chart. 1 thing I love about the type2 trade setup, it does give a very nice structure and reference on the 1st test and is an opportunity to see if there's an RSI Divergence setup.
On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.
Great setup for trend traders, I wait for candle setup on the 1-hourly chart.
On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.
Great setup for trend traders, I wait for candle setup on the 1-hourly chart.
Trade active
Target1 Achieved +22pipsTrade closed: target reached
Final TP: 1.1016(+83pips)[Trade Intervene, Target Achieved]
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.