Trade 3: GBP/USD - Short - 6.3 RR Ratio
Longer Time Frame Analysis - 1hr
1. Clear bearish sentiment
Shorter Time Frame Analysis - 15min
1. AMD price action
2. Head & Shoulder Pattern
Shorter Time Frame Analysis - 5min
1. Shorter EMA cross under Longer EMA at the bearish triangle breakout
Entry:
1. BOS - Head & Shoulders
2. Shorter EMA cross under Longer EMA
3. The candle next to breakout bearish candle closed below the price of breakout candle
Target: Using Support & Resistance of Price Action
T1: 1.28457
SL:
Above breakout base of head & shoulders pattern
*Please let me knows your views and thoughts, they will remind me there's more to learn*
1. Clear bearish sentiment
Shorter Time Frame Analysis - 15min
1. AMD price action
2. Head & Shoulder Pattern
Shorter Time Frame Analysis - 5min
1. Shorter EMA cross under Longer EMA at the bearish triangle breakout
Entry:
1. BOS - Head & Shoulders
2. Shorter EMA cross under Longer EMA
3. The candle next to breakout bearish candle closed below the price of breakout candle
Target: Using Support & Resistance of Price Action
T1: 1.28457
SL:
Above breakout base of head & shoulders pattern
*Please let me knows your views and thoughts, they will remind me there's more to learn*
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.