I would enter this opportunity @ market with
SL > 0.6470
TP 1 = 0.6370 ( of last move up)
TP 2 = 0.6320 ( )
TP 3 = 0.6280 ( and completion)
Once 0.382 target is reached (and neck line of is broken) we might see a 2618 pattern emerge ... where price retraces to the 0.618 of the move down. This offers another opportunity to go short.
The Reward/Risk ratio for this trade is quite favorable with a 2/1 ratio for the first target.
If not, ... you can't win them all :)
Whether you are a day trader, swing trader or position trader. If you trade stocks, options, forex or crypto, every trader should be able to identify with our exclusive designs.