Bearish rising wedge formation in which a breakout appears to be forming. I've already entered and i'm targeting the 23.60 fib retracement.
Entry: 0.615 - I entered on the 30/30/2020
SL: 0.64
TP: 0.58
1.41 R:R
Entry: 0.615 - I entered on the 30/30/2020
SL: 0.64
TP: 0.58
1.41 R:R
评论:
评论:
评论:
38.20 fib nearby:
交易手动结束:
Trade closed at 0.60063 - Reason, falling wedge formation occurring on the 1H and 4H. I foresee a bounce at the 38.20 fib retracement and therefore decided to secure profits around this area. Potentially should have been more patient but with 144 pips secured - this was a good trade. I will consult this chart again in a week to see where improvements could be made if I exited the trade too soon.
评论:
Exit @ 0.60063 was well timed...