As you can see I am currently in the Bear BAT but it is pushing up toward my stop in a nice Three Drives Pattern.
I will probably be stopped out but this has a good risk/reward for someone entering a short at the 1.618.
Please note the stop and profit targets are for my BAT trade not the suggested three drives pattern.
If you enter please set your own stop and profit targets as per you tested trading plan.
I will probably be stopped out but this has a good risk/reward for someone entering a short at the 1.618.
Please note the stop and profit targets are for my BAT trade not the suggested three drives pattern.
If you enter please set your own stop and profit targets as per you tested trading plan.
Trade closed: stop reached:
Stop blown away.