Today, we will share a short setup on FOREX
The main idea here is:
a) The price was inside an ascending channel, and we have a bearish breakout
b) After that first impulse, we are observing a pullback (retest of a broken area)
c) From a technical perspective, pullbacks are continuation structures.
d) Now we have a clear corrective structure, and we will trade below B with the target on the last Fibonacci Extension
e) We will risk 1% of our capital, and we will move our stop into break even in the first Fibonacci Extension.
The main idea here is:
a) The price was inside an ascending channel, and we have a bearish breakout
b) After that first impulse, we are observing a pullback (retest of a broken area)
c) From a technical perspective, pullbacks are continuation structures.
d) Now we have a clear corrective structure, and we will trade below B with the target on the last Fibonacci Extension
e) We will risk 1% of our capital, and we will move our stop into break even in the first Fibonacci Extension.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.