The bearish Bat pattern will complete at 1.263 level and the 1.618EXT of AB is at 1.264 level.
So it is good to sell short at 1.263-1.265 levels when price action gives signals in the PRZ.
SL:above 1.267
TP1:1.254
TP2:1.246 and further more
So it is good to sell short at 1.263-1.265 levels when price action gives signals in the PRZ.
SL:above 1.267
TP1:1.254
TP2:1.246 and further more
Trade active
Trade closed: stop reached
Trade active:
Sell at 1.265 again because of the bearish engulfing candle.
Trade closed: stop reached:
Some profits were taken at 1.257 and stop reached next.