I saw this opportunity.
I had a bearish ABCD pattern on 1H wich is almost complete. If not then it should be complete quickly. A bit depending from one chart to another.
On the weekly I have a valid bullish ABCD pattern. Of course I will trade a dangerous reversal while this market is bearish since a long time but the risk/reward is very good.
I have also some kind of recovery trade if the trade turns against me based on where the price can go. In this case if the first SL is hit I will probably open an opposite trade to the downside with different lots.
I am not a professional trader. Do not consider this as a forecast or any kind of trading prediction. Use it to your convenience.
I had a bearish ABCD pattern on 1H wich is almost complete. If not then it should be complete quickly. A bit depending from one chart to another.
On the weekly I have a valid bullish ABCD pattern. Of course I will trade a dangerous reversal while this market is bearish since a long time but the risk/reward is very good.
I have also some kind of recovery trade if the trade turns against me based on where the price can go. In this case if the first SL is hit I will probably open an opposite trade to the downside with different lots.
I am not a professional trader. Do not consider this as a forecast or any kind of trading prediction. Use it to your convenience.
Trade active
Trade closed: target reached:
1 lot long position
1 reversal short with triple lots
Closed all trades for 374 pips - 293 pips = 81 pips profit
1 reversal short with triple lots
Closed all trades for 374 pips - 293 pips = 81 pips profit