I ended up entering a little early yesterday (as seen on the chart) but the sell is still valid.
It broke the corrective channel, was close to the Double top but slightly missed, came back into structure with new low, and can see it retraced to the golden fib 61% nearly 3 times.
The above is exactly my thinking when I enter trades, hope this is useful, if agree start liking :)
15 min link added for clarity, I'm not liking how long the inner pattern has gotten so need to watch closely, hopefully some momentum starts to pick up for the bears and smash the bottom trend line!
It broke the corrective channel, was close to the Double top but slightly missed, came back into structure with new low, and can see it retraced to the golden fib 61% nearly 3 times.
The above is exactly my thinking when I enter trades, hope this is useful, if agree start liking :)
Note
A nice 100 pipps from pull back! was slow but we got there!Trying to decide when is right to get out of trade/bank profits, anyone on this trade whats your thoughts leave a comment :)
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.