Looking here at the hour and 30 minute time frame we're can see a nice head and shoulders formation that was created and price broke structure
-- then it came back to fill the imbalance and now we are seeing rejection , if price breaks back below the neck line, i will be entering a short/sell at that area as shown on the chart!
Information is shared for educational and demo purposes only!
disclaimer - trading is risky and one can loose their account balance with incorrect risk management!
-- then it came back to fill the imbalance and now we are seeing rejection , if price breaks back below the neck line, i will be entering a short/sell at that area as shown on the chart!
Information is shared for educational and demo purposes only!
disclaimer - trading is risky and one can loose their account balance with incorrect risk management!
Note
Trade running +40 pips in profit im going to secure 75% here at 1/1 risk/rewardTrade closed: target reached
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.
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.