I see the M Pattern.
Along with a Down Trending Market.
Price is Rejecting and Starting to Create Lower Highs and Lower Lows. Trading it to next Zone.
1:2 Risk to Reward Ratio on The Idea.
I took a 5 Percent Risk on my 1244.97 Demo Account.
As I placed it. Trade went into Insta. Profits.
the Bearish Engulfing on the 15 Min Chart Told me that Price is Rejecting Hard and I Like the Setup. ITs not PERFECT.
But None the Less a Setup it is In My Book. Ill Update Each Time That I actually Look at the Charts.
Along with a Down Trending Market.
Price is Rejecting and Starting to Create Lower Highs and Lower Lows. Trading it to next Zone.
1:2 Risk to Reward Ratio on The Idea.
I took a 5 Percent Risk on my 1244.97 Demo Account.
As I placed it. Trade went into Insta. Profits.
the Bearish Engulfing on the 15 Min Chart Told me that Price is Rejecting Hard and I Like the Setup. ITs not PERFECT.
But None the Less a Setup it is In My Book. Ill Update Each Time That I actually Look at the Charts.
Trade closed: target reached:
100 + Pips in Just a FEW HOURS LETSSS GOOOO.
TP SMASHED
TP SMASHED
And Closed Half Position at 1.29625
I STILL GOT IT.