Confirmations:
1. Daily bearish wick candle and trend line
2. 30 min bearish engulfing
The daily bearish wick candle can be taken as the sign that the price will continue its overall bearish structure on the dail time frame. The move can be played for a good reward risk ratio. But the tp is set for the previous wicks areas in the h4 at which the price may stall before making that whole new structure for daily at - 27% fib.
1. Daily bearish wick candle and trend line
2. 30 min bearish engulfing
The daily bearish wick candle can be taken as the sign that the price will continue its overall bearish structure on the dail time frame. The move can be played for a good reward risk ratio. But the tp is set for the previous wicks areas in the h4 at which the price may stall before making that whole new structure for daily at - 27% fib.
Yorum:
Time to breakeven...