Price Action Strategy and Chart Pattern Trading
HELLO TRADERS
We looking to sell this pair based on the following information. Please leave a comment below and a like will be appreciated.
1. Weekly dynamic key level
2. Perfect long wick rejecting resistance on Weekly TF
3. Fake Breakout on Daily signal bearish price action
4. Head and Shoulder formation on H4
What is our plan?
Is to sell trend line and EMA 50 breakout of the right shoulder with our entry strategy and RR of 1:2-1:3.
We looking to sell this pair based on the following information. Please leave a comment below and a like will be appreciated.
1. Weekly dynamic key level
2. Perfect long wick rejecting resistance on Weekly TF
3. Fake Breakout on Daily signal bearish price action
4. Head and Shoulder formation on H4
What is our plan?
Is to sell trend line and EMA 50 breakout of the right shoulder with our entry strategy and RR of 1:2-1:3.