Sell from top the retest of the breakout
---> This is your chance to welcome December <---
The market here offers us a great opportunity of a full pullback to re-test the critical area, so don't miss the chance of selling from the TOP ! !
After the breakout of the descending channel we had a corrective pullback and now we are heading for the continuation.
RISK MANAGEMENT:
--> At 1:1 Take 50% Parochial Profits and move to Break Even
--> At 1:2 Take 25% Parochial Profits and move Stop Loss to 1:1
--> At 1:3 take the rest 25% Parochial OR extend your Take Profit target.
HAVE FUN AND HAPPY PROFITS ! ! !
The market here offers us a great opportunity of a full pullback to re-test the critical area, so don't miss the chance of selling from the TOP ! !
After the breakout of the descending channel we had a corrective pullback and now we are heading for the continuation.
RISK MANAGEMENT:
--> At 1:1 Take 50% Parochial Profits and move to Break Even
--> At 1:2 Take 25% Parochial Profits and move Stop Loss to 1:1
--> At 1:3 take the rest 25% Parochial OR extend your Take Profit target.
HAVE FUN AND HAPPY PROFITS ! ! !
Comment:
TP1 & TP2 hit --> Move stop loss at 1:1
Comment:
TP3 HIT (115 PIPS)