AB=CD pattern to the downside.

Here we can see a short term trendline break and impulse move to the downside, followed by a retracemenet back to the trendline which sat in confluence with the 50 and 200 moving averages, a Support/Resistance Level and the 50/618 fib level. No divergence against us and we are trading in the direction of the trend. Wish me luck.

Trade geschlossen: Stop wurde erreicht