This is a pattern that most traders know, breakout of range, retest. Price is set to fall. We will be waiting patiently for bearish candles to enter. We will probably risk 50-60 pips for at least 250 pips down. Let's wait for price action.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
