Perfect Example of Structure-Ratio Trading

A very good example of combining structure and ratio trading. Any move back up into that structure shelf, lining up with 50 Fib retracement, completion of the harmonic move, and 1.414 fix ext is going to represent a shorting opportunity. You can use another tool like reversal candlestick patterns and indicators to approach it as a counter trend trade and have a tighter stop order.

Trade geschlossen: Ziel wurde erreicht:

+150 pips on this trade! Have a great weekend !