isI shorted this repeated pattern on the spike that forms along the uptrend channel.
The Bonus of this setup is that my MT4 connecting to the live data detected an ABCD pattern, the black eclipsed on this diagram is amendments to this demo data that this movement didn't occur on my live data.
I will watch closely how the price reacts at the bottom trendline of this channel if a break and close below, I will be keeping the trade, but if an indecision candle appears, I may intervene and close this trade.
The Bonus of this setup is that my MT4 connecting to the live data detected an ABCD pattern, the black eclipsed on this diagram is amendments to this demo data that this movement didn't occur on my live data.
I will watch closely how the price reacts at the bottom trendline of this channel if a break and close below, I will be keeping the trade, but if an indecision candle appears, I may intervene and close this trade.
Trade active
The market hit target1 (+165), shift stops to entryRiskFree Trade Attained!
Trade closed manually
TP2 manual exit at 2.0093(+156)
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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.