This is A Pattern i Spot Myself
And I named it 2-113 Pattern
Every time it makes a false break out
and just touched 1.13 ext
C is 1.13 BA
D is 1.13 CB
With the Trend line Retest
and RSI Over Bought
I will open a short position
at 1.5160,
SL 1.5207
Target 1.4880 and 1.45
And I named it 2-113 Pattern
Every time it makes a false break out
and just touched 1.13 ext
C is 1.13 BA
D is 1.13 CB
With the Trend line Retest
and RSI Over Bought
I will open a short position
at 1.5160,
SL 1.5207
Target 1.4880 and 1.45
Comment:
in money already. nice reversal
Trade closed: stop reached:
Stopped at 1.5205,now it is 1.5305,
If never stop, we could have lost more than 100 pips
If never stop, we could have lost more than 100 pips