A setup with two targets, triggered by the 0.618 retracement of the double top. And, the retrace also runs into our falling trend line.
First target - retest of previous low.
Second target - above historic support level
Feel free to ask if somethings on your mind, I'm as transparent as can be.
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I do not recommend using my charts and ideas as a signal to enter a trade. These charts are intended for my own personal review.
First target - retest of previous low.
Second target - above historic support level
Feel free to ask if somethings on your mind, I'm as transparent as can be.
--
I do not recommend using my charts and ideas as a signal to enter a trade. These charts are intended for my own personal review.
交易结束：到达止损:
This is what you get, when not accounting for 1.25500 (see green line).
A slap in the face! A rightful one.
I chose to ignore it, relying on the double tops to protect the stop, but sometimes, thats not enough.
See you next time, market.
A slap in the face! A rightful one.
I chose to ignore it, relying on the double tops to protect the stop, but sometimes, thats not enough.
See you next time, market.