looking for this potential bearish Cypher on the EUR/USD 30 min timeframe to complete.
Cypher completion will be at the 78.6% retracement from the X to C leg. this will be the short entry zone. price looking to sell around 1.0875. Stoploss should be placed at least 20 pips above X , Probably around 1.0925.
Exit depends on your own strategy, i choose to take 2 profit targets in this analysis.
First take profit target at the 38,2 % retracement from C o D leg.
Second take profit target at the 61,8 % retracement from the C to D leg
Always looking for feedback on my analysis, so be sure to comment !
Follow me on twitter : PalmTreeTrading
Follow me on Tradingview : tradingview.com/u/PalmTreeTrading/
Followme on Instagram : instagram.com/palmtreetrading/
Cypher completion will be at the 78.6% retracement from the X to C leg. this will be the short entry zone. price looking to sell around 1.0875. Stoploss should be placed at least 20 pips above X , Probably around 1.0925.
Exit depends on your own strategy, i choose to take 2 profit targets in this analysis.
First take profit target at the 38,2 % retracement from C o D leg.
Second take profit target at the 61,8 % retracement from the C to D leg
Always looking for feedback on my analysis, so be sure to comment !
Follow me on twitter : PalmTreeTrading
Follow me on Tradingview : tradingview.com/u/PalmTreeTrading/
Followme on Instagram : instagram.com/palmtreetrading/
İşlem kapandı: hedefe ulaştı
After trade opening, price came down fast for a target 2 winner !
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.