Entering at 115.580 on following basis;
Advanced pattern - Bat - D completion.
In conjunction with the completion of the Bat we have bearish falling trendlines (long term + short term). We have structure and on top of this we have RSI showing overbought.
Target is 38.2 fibo of A-D leg. Stop loss at a level where Im considering myself to be wrong. - Above previous structures and safe distance above trendlines.
Advanced pattern - Bat - D completion.
In conjunction with the completion of the Bat we have bearish falling trendlines (long term + short term). We have structure and on top of this we have RSI showing overbought.
Target is 38.2 fibo of A-D leg. Stop loss at a level where Im considering myself to be wrong. - Above previous structures and safe distance above trendlines.
Comment:
Target adjusted. 38.2% of full A-D Leg. 114.700
Trade closed: target reached