Harmonic Pattern - Crab
Entry now.
Stop loss at 2.0 XA
Take Profits at 0.382 and 0.618 AD retracements.
Price action immediately started to reverse at 1.618 XA and 3.0 CB.
Levels align nicely in the PRZ.
Warning. I still believe in the long term the pair is going down.
This is possibly an opportunity the make some money off a correction.
Entry now.
Stop loss at 2.0 XA
Take Profits at 0.382 and 0.618 AD retracements.
Price action immediately started to reverse at 1.618 XA and 3.0 CB.
Levels align nicely in the PRZ.
Warning. I still believe in the long term the pair is going down.
This is possibly an opportunity the make some money off a correction.
Trade closed: stop reached:
The Trade did not work out as downward momentum was strong.
Correct trade management could prevent losses after moving stop to entry price.
Correct trade management could prevent losses after moving stop to entry price.