EURHKD 1H - ABCD Pattern
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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