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VasilyTrader
Jan 4, 2018 9:59 AM

bearish abcd pattern Short

Euro Fx/U.S. DollarFXCM

Description


Grate opportunity to have on your radar is this nicely formed bearish abcd pattern formation.
Moreover, looking left market is forming double top pattern, and if we go futher left, we will see that market is standing right now on significant structure zone + RSI is in overbought condition.
Targets are based on my own trading plan so you set those that are appropriate for you.
Stop above D point

Comment

Slight movement down

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Market closed in the zone

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going down

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Almost hit T1

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pattern is violated
Comments
mehul4077
What SL ?
JOE_BIDEN_
where is D point ?
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