Down Trend. Bearish engulfing pattern
Note
I probably short it too soon... But maybe notNote
ATR Based targetsNote
OK so I re-measured the R/R from the close of the candle with the arrow pointing down because the move is highly likely to continue. And we want to have a positive risk reward ratio in our trades if possible. I hope you understand the logic here..This is completely discretionary..
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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.