Hello Traders!
I have identified potential trend continuation pattern. It looks like market has completed ABCD with 1.27 extension to complete 38.2 pullback. We have also edge for stop loss and if market gives second test without higher close on 1h its planned to short and take on risk reward ratio 1/5.
Not an investment advice!
All the best!
I have identified potential trend continuation pattern. It looks like market has completed ABCD with 1.27 extension to complete 38.2 pullback. We have also edge for stop loss and if market gives second test without higher close on 1h its planned to short and take on risk reward ratio 1/5.
Not an investment advice!
All the best!