Renko AB=CD potential pattern.
Directional filters favour the downside. Bricks contained by the 9MAV.
Entry @ 76.40 ( waiting for confirmation Renko short with second short brick) .
SL @ 77.25 ( above the retrace brick)
Target 1 @ 75.05. 2.5 RR ( equal legs projection @ D )
Target 2 @ 73.75. 4 RR ( 127 fib ext )
Directional filters favour the downside. Bricks contained by the 9MAV.
Entry @ 76.40 ( waiting for confirmation Renko short with second short brick) .
SL @ 77.25 ( above the retrace brick)
Target 1 @ 75.05. 2.5 RR ( equal legs projection @ D )
Target 2 @ 73.75. 4 RR ( 127 fib ext )
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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.