Market structure: Downtrend, Short bias
Setup: Trend continuation
Trend continuation candlestick pattern: Bear flag, tight consolidation
Entry: notice there a tight consolidation around 1.04360 and price support by 20MA
Stop loss: 1 ATR stop loss at swing swing high 1.05420
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: Trend continuation
Trend continuation candlestick pattern: Bear flag, tight consolidation
Entry: notice there a tight consolidation around 1.04360 and price support by 20MA
Stop loss: 1 ATR stop loss at swing swing high 1.05420
Take profit: will trail using 5 ATR stop Loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
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