Price has formed a Adam and Eve pattern on the Weekly chart, and has gone as far as the neckline.
This is a rather reliable pattern to break downwards, but being on the weekly, it took a longer time to form.
Now price has being on a series of ABC waves on LTF, so we keep correcting upwards.
Currently it is at the top of support turned resistance zone. Selling here with a small stop above will garner a good RR if the trade goes the right way.
Target for the Adam and Eve is around 97.32, but that it provided the neckline gets broken and its a long way there.
For shorter term trading, I am just going for the decent wins. Entry here, and target at 104.25.
This is a rather reliable pattern to break downwards, but being on the weekly, it took a longer time to form.
Now price has being on a series of ABC waves on LTF, so we keep correcting upwards.
Currently it is at the top of support turned resistance zone. Selling here with a small stop above will garner a good RR if the trade goes the right way.
Target for the Adam and Eve is around 97.32, but that it provided the neckline gets broken and its a long way there.
For shorter term trading, I am just going for the decent wins. Entry here, and target at 104.25.
Not
Weekly Chart - Adam and Eveİşlem kapandı: durdurma seviyesi
Barely stopped out and reverse.This idea is still likely to work. Sell retrace next week.
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.