An advance pattern trading opportunity lays at previous highs and offer a great risk/reward trading setup. It is also the ideal level to get positioned for the trendline break if it is to occur, althouth our trading rules for the trendline break indicate to sell after the break and retest.
With regards, Michail Sideris
Trade closed: target reached
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1st and 2nd targets from the pattern completion have been reached +30 pips +43 pips Also the trendline break has been confirmed. Price did a pullback and rejected sharply!!