Hey traders,
So for Today's Trade Idea I wanted to show you something that you can use for ideas on setting targets. We have one bullish pattern and we have 2 bearish patterns that would still be valid if the First Bullish gets completed. So what i can do is that I can divide my position to the first target being the 38.2 or I can use the C leg, And then I can place secondary targets at the completion of the other bearish patterns we have. Now this is completely up to you and how you want to use the information given. However it is a valid way of pulling some extra pips out of the market.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
www.thealcovefx.com
Follow us on Instagram: @thealcovefx
Follow us on Periscope: @thealcovefx
Follow us on Youtube: www.youtube.com/chan...UTRjA4YqOQdu_MAY1afg
So for Today's Trade Idea I wanted to show you something that you can use for ideas on setting targets. We have one bullish pattern and we have 2 bearish patterns that would still be valid if the First Bullish gets completed. So what i can do is that I can divide my position to the first target being the 38.2 or I can use the C leg, And then I can place secondary targets at the completion of the other bearish patterns we have. Now this is completely up to you and how you want to use the information given. However it is a valid way of pulling some extra pips out of the market.
Like always if you have any questions, comment below, follow us on social media !
Daniel Garnier - Founder of The Alcove Fx
www.thealcovefx.com
Follow us on Instagram: @thealcovefx
Follow us on Periscope: @thealcovefx
Follow us on Youtube: www.youtube.com/chan...UTRjA4YqOQdu_MAY1afg