Analysis:
EURHKD 1H is currently in a bearish trend. The is printing a potential ABCD pattern. If the price breaks below levl B at 8.54253, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at level C at 8.58506
------ Trade ------
Type: Short
Entry: 8.54253
Stop Loss: 8.58506
TP1: 8.50000
TP2: 8.45747
EURHKD 1H is currently in a bearish trend. The is printing a potential ABCD pattern. If the price breaks below levl B at 8.54253, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at level C at 8.58506
------ Trade ------
Type: Short
Entry: 8.54253
Stop Loss: 8.58506
TP1: 8.50000
TP2: 8.45747
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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.