Hello traders,
here's a good example of a triangle pattern (marked red) which has been confirmed as correct by a continuation upwards. Now that the pattern-driven move is about to be completed near upper band of a channel we can use this SHORT opportunity from this position targeting a lower band of a channel (entry point is cirled)
Good luck and use SL!
Tony
here's a good example of a triangle pattern (marked red) which has been confirmed as correct by a continuation upwards. Now that the pattern-driven move is about to be completed near upper band of a channel we can use this SHORT opportunity from this position targeting a lower band of a channel (entry point is cirled)
Good luck and use SL!
Tony
Comment:
Spotted an engulfing bearish candlestick pattern on DXY to back up our SIZ2 short idea.
Trade closed manually:
I had put SL higher than marked here and eventually had to close the short position manually around 62600.
Comment:
Hi Traders,
This short was a good trade. RUB continues to find lower grounds as exporters sell the foreign currency revenue.
This short was a good trade. RUB continues to find lower grounds as exporters sell the foreign currency revenue.