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
Looking to enter again short as the price is forming a bear flag.
Happy that the trade went in the forecasted direction