A short opportunity with a potential 3:1 risk reward 做空

British Pound/U.S. DollarFXCM

描述

⋅ Jul 29, 2015 11:14 AM

Analysis on chart!

Coming up to retest structure for the fourth time, ABCD Pattern completion, Two fib extensions, Overbought on both 1H and 4H Time frames...

Potential risk reward of 3:1 back down to dynamic support...

Any likes, shares and or constructive feedback is welcome!

Akil_Stokes

⋅ Jul 29, 2015 11:41 AM

Nice one

SmartTradingFX

⋅ Jul 29, 2015 11:43 AM

Thank you Akil, your support means alot!

korhancakir

⋅ Jul 29, 2015 11:29 AM

nice analysis...

SmartTradingFX

⋅ Jul 29, 2015 11:40 AM

Thank you sir! Any trades on your radar today!?

korhancakir

⋅ Jul 29, 2015 11:56 AM

yes i took this one > eurjpy - short

korhancakir

⋅ Jul 29, 2015 11:57 AM

tradingview.com/chart/LfPsnwnF/

korhancakir

⋅ Jul 29, 2015 11:57 AM

SmartTradingFX

⋅ Jul 29, 2015 12:00 PM

I dont trade patterns so i cant comment on the chart above! Akil is the man for patterns!

SmartTradingFX

⋅ Jul 29, 2015 11:58 AM

I had my eye on that pair but i dont believe it came into the zone i needed it too so no trade for me! Good luck!

AlexDitoTrading

⋅ Jul 30, 2015 9:36 AM

Nice analysis mate! In daily time frame also we have pin bar at the zone!

Good luck!!