Pumb and Run reversal Top - Break out formation

Sep 30, 2016

This is a break out formation with very good decline percentage, You can sell aggressive the break or you can wait for the pullback (63% chance for a pullback)
Target is the bottom of the trendline

Sep 30, 2016

Note

The same setup earlier in the month. The profit was 670 pips!!

Oct 4, 2016

Note

Bearish BAT pattern just formed

Oct 4, 2016

Note

Both targets for BAT pattern have been reached.

Oct 4, 2016

Note

Until now we have 150 pips form the first target of the Pumb & Run reversal Top formation, and another 42 and 69 pips from the bearish BAT pattern.

There is a potential Bearish Gartley pattern at the previous structure

Oct 7, 2016

Trade closed: target reached

+200 pips from the second target of Pumb & Run reversal top sell setup