Hi traders
eurusd might gives an opportunity with a bearish 2618.
After eurusd made a DT (double top) and break structure to the downside passing the "valley", it retraced to Fib618 entering the potential reversal zone.
Well at this point, it is close to be a short opportunity BUT in my case the SL is too wide for the maximum allowed, so, I need to wait for market to either go up to reduce my SL or make another DT on lower time frame (LTF) h1.
As always, comments are welcome
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"Build a plan, follow it consistently"
Regards
Rafael
eurusd might gives an opportunity with a bearish 2618.
After eurusd made a DT (double top) and break structure to the downside passing the "valley", it retraced to Fib618 entering the potential reversal zone.
Well at this point, it is close to be a short opportunity BUT in my case the SL is too wide for the maximum allowed, so, I need to wait for market to either go up to reduce my SL or make another DT on lower time frame (LTF) h1.
As always, comments are welcome
---------------------------------------------
"Build a plan, follow it consistently"
Regards
Rafael
Trade active:
There is also a bearish bat together with this opportunity
In case this was traded as a 2618, trade is active
In case this was traded as a 2618, trade is active
Trade closed: stop reached