If AB=CD Patterns complete, check rest of the CTS Score and if a 5-6 point score is reached, short 50% of your normal position.
Stop loss should be around 10-15 pips above your entry point.
Target1: 50% of position at Fib .382
Target2: 50% of position at Fib .618
If Target1 is hit, lower your Stop Loss to your entry level, so you are playing with free money with the remaining 50% in the trade, as you will already have locked in profits from Target 1
Stop loss should be around 10-15 pips above your entry point.
Target1: 50% of position at Fib .382
Target2: 50% of position at Fib .618
If Target1 is hit, lower your Stop Loss to your entry level, so you are playing with free money with the remaining 50% in the trade, as you will already have locked in profits from Target 1