Hey there guys! This is a setup for Monday! A bearish Gartley pattern. Price action attempting to test the structure resistance . Price action is also trading below the EMA's, thus indicating a downtrend. Expecting the price to reverse around the potential reversal zone.
Trade closed: target reached:
Trade was already triggered on friday! But I was expecting a pullback to the entry level But it did not. It gapped down to hit the targets but again went to the entry level. Please close it with 18pips.
If you have taken the position. may close it with 18 pips or place BE hold it to the targets, since it has already reached the target after the entry.
Structure Resistance still plays strongly and keeps pushing the price down.
Do not add any more position here! We have the Take profit Taken twice.