{CHFSGD} Short Trade opportunity.
In CHFSGD We have Found Double Top pattern with bearish pin bar candlestick pattern.
Here we have 248 pips Risk and 824 Reward use only 0.01 Lot.
this trade is only for risk Taker.
Sale : 1.4143
Target : 1.4098
Target : 1.4048
Target : 1.3686
Target : 1.3316
Stop loss: 1.4388
The Pin Bar Pattern (Reversal or Continuation)
A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails.
Double Top pattern
forms after an asset reach a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
Here we have 248 pips Risk and 824 Reward use only 0.01 Lot.
this trade is only for risk Taker.
Sale : 1.4143
Target : 1.4098
Target : 1.4048
Target : 1.3686
Target : 1.3316
Stop loss: 1.4388
The Pin Bar Pattern (Reversal or Continuation)
A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails.
Double Top pattern
forms after an asset reach a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
