The bearish AB=CD pattern is completing at 2.92 level and the 0.618RET of the previous decline is at the same level.
Meanwhile the previous structure works at 2.9-3.0 levels.
So it may be good to sell at 2.9-3.0 levels when price action gives the signal in the PRZ.
SL:above 3.02
TP1:2.8
TP2:2.7 and forther more
Meanwhile the previous structure works at 2.9-3.0 levels.
So it may be good to sell at 2.9-3.0 levels when price action gives the signal in the PRZ.
SL:above 3.02
TP1:2.8
TP2:2.7 and forther more
Trade active
Trade closed: stop reached
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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.