Intraday / M15 - An opportunity to short/sell...
An opportunity to short on a potential bearish Cypher and Bat pattern confluence. Price retracing at the red line (as seen in the chart) will invalidate the short trade setup. Setup will still be valid as long price maintains above 1.488 price even handle. Trade with care and good luck!
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
Abbreviations / Keywords:
LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin
Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.
Order cancelled:
Invalid setup.