A type2 bearish crab setup on the 1-hourly chart. 1 thing I love about the type2 trade setup, it does give a very nice structure and reference on the 1st test and is an opportunity to see if there's an RSI Divergence setup.
On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.
Great setup for trend traders, I wait for candle setup on the 1-hourly chart.
On the daily chart (right), this trade setup is a retest of the double top , the support line of the double top that turn as resistance.
Great setup for trend traders, I wait for candle setup on the 1-hourly chart.
Trade active:
Target1 Achieved +22pips
Trade closed: target reached:
Final TP: 1.1016(+83pips)
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