USDSGDExample of 1:2 risk/reward at 1st target the 38% from the pattern completion point;
Safe Trades;
Note
adjusted fibs, at new high, adjusted targets and stops to a 1:1 r/rThat said...
Note
Testing previous structure, Note
1st target Trade closed: target reached
At 2nd target. Suggestion: Close position but keep a portion of it;
Adjust the stops above the 1st target, the 38% fib with a trailing stop following the price...
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
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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.
Harmonic Patterns | Market Analyst | Forex Analytix | Porto, Portugal
Related publications
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.