Ascending channel - Sell
Long term trend - Short
Nature - Corrective Phase
Pattern - Ascending channel
Stoploss - 50 pips
Risk: Reward - 1:6
Ascending channel is a reversal pattern thats highly suggestive of a change in trend from long to short
Nature - Corrective Phase
Pattern - Ascending channel
Stoploss - 50 pips
Risk: Reward - 1:6
Ascending channel is a reversal pattern thats highly suggestive of a change in trend from long to short
Trade closed manually
did not get triggered into the trade.Looking to enter again short as the price is forming a bear flag.
Happy that the trade went in the forecasted direction
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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.