Pesavento triangle preceding trendline break and re-test with hidden divergence confirming bearish strength
When price is trading 61.8% in the direction of trend, move stops to entry point. This will give a risk free trade.
Price objective should be the low of the triangle, with potential extension targets plotted on this chart:
Good luck to all trading EUR/USD !
When price is trading 61.8% in the direction of trend, move stops to entry point. This will give a risk free trade.
Price objective should be the low of the triangle, with potential extension targets plotted on this chart:
Good luck to all trading EUR/USD !
Trade active
Moving stops to B/E here;Trade closed: target 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.