The bearish AB=CD pattern has completed at 0.749 level and the 1.618EXT of BC is at the same level.
Meanwhile the previous structure also works at this zone.
So it is good to sell short at 0.747-0.749 levels when price action gives signals in the PRZ.
SL:above 0.750
TP1:0.744
TP2:0.741 and further more
Meanwhile the previous structure also works at this zone.
So it is good to sell short at 0.747-0.749 levels when price action gives signals in the PRZ.
SL:above 0.750
TP1:0.744
TP2:0.741 and further more
Trade active
Comment:
TP1 reached.
Comment:
TP2 reached.
