price has broken out the triangle. expecting further bearish momentum.
fridays closing price reward to risk 2.2:1
ideally i would like the ratio to be a bit better and would like to see some sort of pullback i can short for the ride down.
fridays closing price reward to risk 2.2:1
ideally i would like the ratio to be a bit better and would like to see some sort of pullback i can short for the ride down.
Comment:
perfect. we can look to sell.
Comment:
formed bigger correctional pattern. we are in bigger scale C wave. drop next?
Comment:
allways rely on price action to stop yourself out your trades before your stops do. if you want a pair to drop and it keeps trying and failing to actually drop levels then leave your trade instead of taking a loss. i was able to take my profit on this trade before it retraced. reason being the big corrections that came after the little drops it made after i made the post
David K Giraldo
