Big time frame downtrend, for those who missed the weekly Bear Bat on my previous post, this is a potential retry point.
Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)
To consider extended target based on my analysis on the weekly chart:
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Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)
To consider extended target based on my analysis on the weekly chart:
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
Note
Miss entry by a few pips. Will remove my pending order and observe if there is a second entry at this price level.
Trade active
Trade engaged:Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)
Watching out for price to break and close below 1.3306 for potential big move down for extended targets.
Trade closed: target reached
Reached TP2, +116pips. I’m still holding on to some short positions for this pair based on the weekly Bat Pattern.
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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.