5 Good Reasons to sell!!!
3rd Touch of the 1h downward trendline.
Bearish Harami reversal candlestick confirmation on the 1h chart( spinning top on 15min).
Change in trend( Higher Low of uptrend got intersected).
Fibonacci Retracement to the 0.618 level( 1h chart).
There was a breakout of the downward trendline on the 1h which is still valid.
Risk/Reward
Reward: 202.6 pips ( Huge reward if you apply proper trade management!!!).
Risk: 15.5 pips (small risk if you apply proper risk management!!!).
Please feel Free to like and comment!!!
Follow for more qualiy Ideas( I get better with time).
3rd Touch of the 1h downward trendline.
Bearish Harami reversal candlestick confirmation on the 1h chart( spinning top on 15min).
Change in trend( Higher Low of uptrend got intersected).
Fibonacci Retracement to the 0.618 level( 1h chart).
There was a breakout of the downward trendline on the 1h which is still valid.
Risk/Reward
Reward: 202.6 pips ( Huge reward if you apply proper trade management!!!).
Risk: 15.5 pips (small risk if you apply proper risk management!!!).
Please feel Free to like and comment!!!
Follow for more qualiy Ideas( I get better with time).
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.