DOUBLE TOP/SHORT
Double top spotted @1.6355,
Confirming Bulls achieved New High.
Now we jump into the dip/retrace.
(NOTED)The test of the Resistance level @1.6355
Fibonacci can now be applied from the level of the test @1.6333
Now note the ABCD Pattern within the FIB where:
A = 1.6333 (0%)
B = 1.6051 (100%)
C' RETRACEMENT = 1.6179 (38%)
D' TARGET = 1.5897 (162%)
SL @1.6333
TP1 @1.5983
TP2 @1.5868(Place beyond target to capture more pips)
(NOTE: XABCD Butterfly!! BUPTREND LINE BOUNCE d
NB: Be sure to trail SL after TP1 hits)
KEEP YOUR LEVERAGE LOW !!!!! (0.1)
Confirming Bulls achieved New High.
Now we jump into the dip/retrace.
(NOTED)The test of the Resistance level @1.6355
Fibonacci can now be applied from the level of the test @1.6333
Now note the ABCD Pattern within the FIB where:
A = 1.6333 (0%)
B = 1.6051 (100%)
C' RETRACEMENT = 1.6179 (38%)
D' TARGET = 1.5897 (162%)
SL @1.6333
TP1 @1.5983
TP2 @1.5868(Place beyond target to capture more pips)
(NOTE: XABCD Butterfly!! BUPTREND LINE BOUNCE d
NB: Be sure to trail SL after TP1 hits)
KEEP YOUR LEVERAGE LOW !!!!! (0.1)
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.